Cross-Cultural Research Suggests That the Big Five Personality Traits ​

question 171

Multiple Choice

Cross-cultural research suggests that the Big Five personality traits ​

• A)only exist in Western cultures.
• B)are unique to each culture.
• C)are fairly consistent across cultures.
• D)are fairly inconsistent across cultures.

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Definitions:

Supply-siders

Supply-siders are economists or policymakers who believe that reducing tax rates and regulatory barriers to production and investment can stimulate supply, leading to economic growth.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to produce at different price levels during a specific time period.

Automatic Stabilizers

Changes in fiscal policy that stimulate aggregate demand when the economy goes into a recession without policymakers having to take any deliberate action

Budget Deficit

A situation where a government's expenditures exceed its revenues over a specific period of time.