The Principle of Liking as an Influence Technique

question 3

Multiple Choice

The principle of liking as an influence technique

• A) only works among friends.
• B) doesn't work if the target is aware of the liking and friendship pressures.
• C) can force us to buy products we don't want or need.
• D) Both a and c.

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Definitions:

Output Increases

A rise in the quantity of goods or services produced by an economy or firm over a specific period.

Potential Output

The highest level of GDP a country can achieve when its resources are fully employed, without causing inflation.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced (output) with the number of labor hours used to produce those goods and services.

Supply of Labor

Refers to the total hours that workers wish to work at a given wage rate, influenced by demographics, wages, and working conditions.