The View That the Cause of Economic Stabilization Is Best

question 8

Multiple Choice

The view that the cause of economic stabilization is best served by adherence to a rigid monetary rule is associated with

• A) Milton Friedman.
• B) new Keynesians.
• C) Franco Modigliani.
• D) policy activists.
• E) eclectic subversives.

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Definitions:

Chameleon Effect

The unconscious mimicry of the postures, mannerisms, facial expressions, and other behaviors of one's interaction partners.

Social Loafing

The situation where people working in a team contribute less effort towards a goal compared to when they work by themselves.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple tasks.

Deindividuation

A psychological state characterized by lowered self-awareness and diminished responsibility, often occurring in group settings that lead to disinhibited behavior.