A Type of Ambiguity That Involves Carefully Choosing Words to Give

question 22

Multiple Choice

A type of ambiguity that involves carefully choosing words to give a false impression without actually lying is called ______.

• A) equivocation
• B) strategic ambiguity
• C) euphemism
• D) vague communication

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Definitions:

Time-inconsistency Problem

The situation where a decision-maker's preferences change over time in such a way that what is preferred at one point in time is inconsistent with what is preferred at another time.

Fiscal Policy

A government's strategy for managing its budget through taxation and spending measures to influence economic conditions, including growth rates, inflation, and unemployment.

Price Level

An index reflecting the average of current prices across the entire spectrum of goods and services produced in the economy.

Time-inconsistency Problem

A situation where a decision-maker's preferences change over time in such a way that what is considered optimal at one time is no longer optimal later.