You Chose Your Major Because of All the Opportunities Available

question 483

Multiple Choice

You chose your major because of all the opportunities available in the health field, while your roommate chose a degree in finance because he tends to be "greedy and money-hungry." In attributing cause to your behavior of choosing a major and that of your roommate, you have exhibited

• A)the low-ball technique.
• B)social stereotyping.
• C)attributional discrimination.
• D)the actor-observer bias.

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Definitions:

Apparatuses

A set of materials or equipment designed for a particular use or function.

Keynes

John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments, especially his advocacy for active government intervention to stabilize economies.

The Classicals

A group of economists in the 18th and 19th centuries, including Adam Smith and David Ricardo, who developed theories about how economies function.

Price Level

The overall level of prices for goods and services in an economy at a specific point in time.