Of the Following Methods, Which Suggests That People Hold Firmly

question 85

Multiple Choice

Of the following methods, which suggests that people hold firmly to some belief because some respected official, agency, or source has said it is so?

• A) method of science
• B) method of intuition
• C) method of behavior
• D) method of authority
• E) method of experience

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Definitions:

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and the importance of governmental fiscal and monetary policies founded Keynesian economics.

Federal Budget Deficit

The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.

GDP

Gross Domestic Product, or GDP, represents the overall market value of all ultimate goods and services manufactured domestically in a specific timeframe.

Interest Rates

The cost of borrowing money or the return on investment for savings, usually expressed as a percentage of the total amount loaned or deposited.