In Some Developing Countries,the ________ Has Required That the Government

question 177

Multiple Choice

In some developing countries,the ________ has required that the government cut back on social programs and spending in order to bring inflation under control in return for funds.

• A) Federal Reserve
• B) World Bank
• C) Import-Export Bank
• D) International Monetary Fund

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Definitions:

False Consensus Effect

The tendency to overestimate the number of other people who share one’s opinions, attitudes, values, and beliefs.

Illusion Of Control

The false belief that one can influence certain events, especially random or chance ones.

Fundamental Attribution Error

A cognitive bias that causes people to overemphasize personal characteristics and ignore situational factors in explaining others' behavior.

Availability Heuristic

A cognitive bias where individuals rely on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.