The Value of an Item Expressed in Purchasing Power That

question 187

Multiple Choice

The value of an item expressed in purchasing power that varies with the overall price level is known as

• A) inflation.
• B) deflation.
• C) the nominal value.
• D) the real value.

---

Definitions:

Penis Envy

The idea that girls desire to have penises.

Psychodynamic Perspective

A theory in psychology which posits that unconscious psychological processes shape feelings, thoughts, and behaviors.

Electra Complex

The daughter’s love for her father and wish for her mother’s death; attributed to Carl Jung.

Oedipus Complex

The male child’s love for the mother and wish for the father’s death during the phallic stage.