Select the Letter of the Word in the Sentence That

question 20

Multiple Choice

Select the letter of the word in the sentence that is a look-alike/sound-alike error. Joel hoped that his new job on Sundays would not effect his grade-point average.

• A) new
• B) not
• C) effect

Comprehend the effects of price controls, including ceilings and floors, on market activities.

Analyze the consequences of government interventions such as taxes, subsidies, and regulatory price controls on markets.

Appreciate the historical and theoretical contexts of major economic theories and their application to fiscal and monetary policy.

Examine the role of government policies in affecting labor markets and employment.

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Definitions:

Sleeper Effect

A delayed increase in the effect of a message that follows a period of discounting or ignoring the message.

Primacy Effect

The phenomenon that the first items presented in a series are more likely to be remembered than items in the middle.

Moderate Alcohol Consumption

The intake of alcoholic beverages within limits considered to have minimal health risk, often defined differently across cultures and guidelines.

Fear Appeals

A persuasive message that attempts to arouse fear in order to influence attitudes, intentions, and behaviors towards avoiding harmful activities or situations.