Which of the Following Is an Example of Compliance

question 49

Multiple Choice

Which of the following is an example of compliance?

• A) slowing down in a school zone when children are present
• B) deciding to work overtime in order to meet a project deadline, even though you wish you didn't have to, just because your boss asked if you would
• C) wearing the same clothes as your friends
• D) deciding to go on a diet

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Definitions:

Equation of Exchange

An economic equation (MV = PQ) that relates the money supply (M) and its velocity (V) to the price level (P) and quantity of goods sold (Q).

MV = PQ

An equation of exchange in economics that states money supply times the velocity of money equals the price level times the output (quantity of goods and services produced).

Big Government

A term referring to a government or state perceived as overly involved in the various aspects of societal, economic, and personal lives of its citizens.

Keynesians

Supporters of the economic theories established by John Maynard Keynes, focusing on total spending in the economy and its effects on output and inflation.