Describe Rosenhan's Pseudopatient Study and Discuss the Dangers of Psychiatric

question 12

Essay

Describe Rosenhan's pseudopatient study and discuss the dangers of psychiatric labeling.

---

Definitions:

Currency

Currency refers to the system of money in general use in a particular country, including both physical coins and banknotes, as well as digital or electronic forms.

Money Market Mutual Funds

Investment funds which gather capital from investors to buy short-term, low-risk securities such as Treasury bills and commercial paper.

M1

A category of the money supply that includes all physical money, such as coins and currency, as well as demand deposits, checking accounts, and negotiable order of withdrawal (NOW) accounts.

M2

A measure of the money supply that includes cash and checking deposits (M1) as well as near money, such as savings deposits, money market securities, and time deposits.