If Expectations About Future Disposable Income Change, There Is

question 2

Multiple Choice

If expectations about future disposable income change, there is

• A) no change in saving until disposable income actually changes.
• B) a decrease in saving if people expect disposable income to increase in the future.
• C) an increase in saving if people expect disposable income to increase in the future.
• D) a decrease saving if people expect disposable income to decrease in the future.
• E) a change in the quantity of loanable funds supplied and a movement along the supply of loanable funds curve.

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Definitions:

"Old-Fashioned" Discrimination

Discrimination practices or attitudes that are rooted in historical or traditional biases and inequalities, often based on race, gender, or social class.

Modern Discrimination

Refers to current forms and practices of unfair treatment or prejudice against individuals or groups based on race, gender, age, or other characteristics, often subtle and institutionalized.

Defensive Discrimination

Practices or attitudes that emerge as a defensive mechanism, often based on prejudice or bias, intended to protect a group from perceived threats.

Robbers' Cave State Park

The location of a famous social psychology experiment by Muzafer Sherif, investigating intergroup conflict and cooperation.