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Katie,a new employee,reminds herself of what she saw others wearing on her interview and follows suit because she wants to fit in.This is an example of normative social influence.
Gross Domestic Product
A measure of the economic output of a country, calculated as the total value of all goods and services produced within the country's borders in a specific time period.
Market Value
The current price at which an asset or service can be bought or sold, determined by supply and demand.
Intermediate Goods
Goods that are used in the production process of other goods and are not sold directly to end consumers.
Gross Domestic Product
A measure of the economic production of a country within a given time period, calculated by adding the value of all goods and services produced within that country.
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