Regarding Contemporary Trends in Psychology, Which of the Following Statements

question 202

Multiple Choice

Regarding contemporary trends in psychology, which of the following statements is FALSE?

• A)Behaviorism as a school of thought has disappeared entirely.
• B)Functionalism and Gestalt psychology have blended into newer, broader perspectives.
• C)The three broad views that shape modern psychology are the biological, psychological, and sociocultural perspectives.
• D)During the early days in psychology, loyalty to each school of thought in psychology was fierce, and clashes were common.

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Definitions:

Monopoly

A market structure characterized by a single seller or producer supplying a unique product or service, with no close substitutes, giving them significant control over the market price.

Usury Law

Regulations governing the maximum interest rates that can be charged on loans, aimed at preventing lending practices deemed exploitative.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are traded in a competitive marketplace.

Shortage

A situation where the demand for a product or service exceeds the supply available at a specified price.