Situations in Which fiRms Expect One Thing to Happen but Then

question 58

Multiple Choice

Situations in which firms expect one thing to happen but then something else happens are called

• A) recessions.
• B) shocks.
• C) business cycles.
• D) fluctuations.

---

Definitions:

Meat Powder

A substance used in classical conditioning experiments, typically as a stimulus for eliciting salivary responses from an animal.

Automatic Racial Attitudes

Unconscious biases or judgments towards people based on their race.

Deliberate Attitudes

Consciously held evaluations or opinions about objects, people, or concepts.

Severe Hazing

The practice of subjecting newcomers to abusive or humiliating trials and rituals, often under the guise of initiation into a group, which can be extreme in nature.