In the US an Increase in the World Price of Oil

question 123

Multiple Choice

In the US an increase in the world price of oil would likely

• A)decrease unemployment, and the decrease would be greater the more generous unemployment insurance benefits were.
• B)decrease unemployment, but the decrease would be smaller the more generous unemployment insurance benefits were.
• C)increase unemployment, and the increase would be greater the more generous unemployment insurance benefits were.
• D)increase unemployment, but the increase would be smaller the more generous unemployment insurance benefits were.

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Definitions:

Possible Selves

The various identities one can see oneself embodying in the future, including hopes, fears, and realistic expectations.

Defensive Self-Esteem

A psychological condition where a person's self-esteem is fragile and thus they react defensively to criticism or failure.

Emotional Stability-Instability

A personality trait that involves the consistent ability or inability to remain stable and balanced in one’s emotions.

Extraversion-Introversion

A personality dimension that describes the extent to which an individual is outgoing and gains energy from social interaction (extraversion) or is reserved and gains energy from solitude (introversion).