If You Feel You Are Better Off Because You Receive

question 93

Multiple Choice

If you feel you are better off because you receive a 10 percent raise even when the price level also increases by 10 percent, then you are a victim of the

• A)real income effect.
• B)money income effect.
• C)money illusion.
• D)real purchasing power effect.

---

Definitions:

Coping Style

The methods or strategies an individual employs to deal with stress, challenges, or emotional conflict.

Adolescent Girls

Females who are in the developmental stage of adolescence, typically between the ages of 10 and 19, experiencing significant physical, emotional, and social changes.

Depression

A common and serious medical illness that negatively affects how one feels, thinks, and acts, characterized by feelings of sadness, loss, or anger.

Personal Fable

A cognitive distortion in adolescents leading them to believe that they are unique, invincible, and not subject to the rules that govern others’ behavior.