Which of the Following Changes Is Most Likely to Be

question 41

Multiple Choice

Which of the following changes is most likely to be observed in the money market of a country experiencing a recession?

• A)The demand curve for money will shift to the right.
• B)The demand curve for money will shift to the left.
• C)The quantity of money demanded will increase.
• D)The quantity of money demanded will decrease.
• E)The supply of money will fall.

---

Definitions:

Just World Phenomenon

The cognitive bias that a person's actions always bring morally fair and fitting consequences to that person.

Kin Selection

A strategy in evolution where an organism's focus is on enhancing the reproductive prospects of its relatives, even if it results in a compromise to its own survival and ability to reproduce.

Social Exchange

Social exchange is a theory that suggests human relationships are formed based on a subjective cost-benefit analysis and the comparison of alternatives.

Diffusion of Responsibility

The phenomenon where individuals in a group are less likely to take action or feel accountable because responsibility is shared among all members.