Which of the Following Is an Example of an Expectation

question 24

Multiple Choice

Which of the following is an example of an expectation of inflation?

• A) Producers expect their prices on average to be higher next year.
• B) Producers expect the prices they pay for raw materials to be higher next year.
• C) Workers expect that the prices they pay for goods and services will be higher next year.
• D) all of the above

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Definitions:

Situational Attributions

The process of assigning the cause of a behavior or action to external circumstances or events, rather than to personal characteristics or dispositions.

Belief-Based Feelings

Emotions that are primarily influenced by the beliefs or perceptions about a situation or an event.

Roles

Socially expected behavior patterns associated with a particular position or status in a group or society.

Physical Health

A state of physical well-being in which an individual is able to perform daily activities without restrictions.