A Recession Can Best Be Defined as a Period of Time

question 63

Multiple Choice

A recession can best be defined as a period of time in which

• A)total output of the economy falls.
• B)total output of the economy rises very slowly.
• C)total unemployment falls.
• D)total international trade fails to rise.
• E)the rate of inflation falls below zero.

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Definitions:

Social Dominance Orientation

An individual's degree of preference for inequality among social groups and the endorsement of ideologies that promote this inequality.

Right-Wing Authoritarianism

A personality and ideological framework characterized by submission to authorities, adherence to conventional norms, and hostility towards those who dissent.

Trait of Disidentification

A psychological process where individuals detach their self-esteem from outcomes in a specific domain to protect their overall self-worth.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a disdain for other groups.