In Class, You Are Given the Assignment of Writing an Essay

question 238

Multiple Choice

In class, you are given the assignment of writing an essay in favour of raising tuition by 30 percent. You do not agree, but freely choose to write on this topic. Later if we ask you about your opinion regarding an increase in tuition, you will

• A)change your opinion in favour of an increase in tuition because of cognitive dissonance
• B)feel even more negative about an increase in tuition because of cognitive dissonance
• C)change your in opinion in favour of an increase because of the door-in-the-face technique
• D)not change your opinion at all
• E)feel more against an increase because of group polarization

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Definitions:

Adjusting for Inflation

The process of altering financial figures to account for the change in the purchasing power of money over time.

Pension Plan

A retirement savings plan sponsored by an employer, providing a fixed payout to employees upon retirement.

Multiplier

A factor that quantifies the change in economic activity resulting from a change in spending, used in macroeconomic analysis to estimate the effect of investment, government spending, and other economic activities.

Career Average

Indicates the average achievements, earnings, or performance levels over the span of an individual's career.