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When Economists Make

question 37

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When economists make


Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.

Attitudes

A learned tendency to evaluate things in a certain way, which can include evaluations of people, issues, objects, or events.

Situational Influences

External factors or circumstances that can affect an individual's behavior, decisions, and emotions in a given context.

Personality Traits

Characteristics and qualities that form an individual's distinctive character, influencing thoughts, feelings, and behaviors.

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