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Recall That in One Study (Festinger and Carlsmith,1959),the Experimenter Showed

question 35

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Recall that in one study (Festinger and Carlsmith,1959) ,the experimenter showed children a set of five toys and asked them how much they liked each one.Then the experimenter told each child that he or she was free to play with any of the toys except for the child's second favorite toy.In the "mild threat" condition,children were told that the experimenter would be "annoyed" if they played with the forbidden toy.In the "severe threat" condition,children were told that the experimenter would be "very angry" if they played with the forbidden toy,and that the child would never see any of the toys ever again.The experimenter then left the room,and each child was covertly observed.Later on,the experimenter asked each child to reevaluate the toys.Consistent with cognitive dissonance theory,the results showed that children in the


Definitions:

M2

M1 plus savings deposits, small-denomination time deposits, and money market mutual funds.

M3

M2 plus large-denomination time deposits.

M1

A category of the money supply that includes physical currency and coins, demand deposits, traveler’s checks, and other checkable deposits.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money.

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