Consider a Small Economy in Which Consumers Buy Only Two

question 165

Multiple Choice

Consider a small economy in which consumers buy only two goods: pies and tarts.In order to compute the consumer price index for this economy for two or more consecutive years,we assume that

• A) the percentage change in the price of pies is equal to the percentage change in the price of tarts from year to year.
• B) the number of pies bought by the typical consumer is equal to the number of tarts bought by the typical consumer in each year.
• C) neither the number of pies nor the number of tarts bought by the typical consumer changes from year to year.
• D) neither the price of pies nor the price of tarts changes from year to year.

Recognize the importance of unconditional love and acceptance by parents in a child's development of self-concept and personality.

Understand the concept of congruence and incongruence in self-perceptions and evaluations according to Carl Rogers.

Comprehend the role of internal and environmental factors in shaping personality, as seen in humanistic psychology.

Explain the significance of self-actualization and personal growth in Maslow's hierarchy.