If the Value of Homes in University City Increases And,as

question 124

Multiple Choice

If the value of homes in University City increases and,as a result,the people of University City spend more,incomes in University City will:

• A)decrease.
• B)increase.
• C)remain the same.
• D)be unaffected.

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Definitions:

Imaginary Audience

The belief, common in adolescence, that one is constantly being observed and evaluated by others.

Personal Fable

Another aspect of adolescent egocentrism; the belief that our feelings and ideas are special and unique and that we are invulnerable.

Assimilation

The cognitive process in which new information is integrated into pre-existing schemas or knowledge structures.

Existing Schema

A cognitive framework or concept that helps organize and interpret information, existing schemas are used by the brain to perceive new information.