Short Case Scenario 15-1

question 179

Essay

Short Case Scenario 15-1
John Smith, a Minnesota native, has recently been elected to the U.S. House of Representatives. John, a long-time college professor, was elected on a platform of educational reform. Somehow, John finds himself appointed to the Joint Economic and Financial Services Committees. John is having a hard time understanding the testimony before each committee, but is hesitant to ask too many questions.
-How will John learn to define inflation?

---

Definitions:

Type A

Friedman and Rosenman’s term for competitive, hard-driving, impatient, verbally aggressive, and anger-prone people.

Friedman

Refers to an economist, often Milton Friedman, known for his work on monetarism, free-market capitalism, and advocating for less government intervention in the economy.

Rosenman

Refers to Raymond Rosenman, a cardiologist best known for his research on the Type A and Type B personality theory and its connection to heart disease.

Cortisol

A steroid hormone produced by the adrenal cortex involved in the response to stress and metabolism regulation.