Which of the Following Is Not Correct

question 18

Multiple Choice

Which of the following is not correct?

• A) By saving a larger portion of its GDP, a country can raise its output per worker.
• B) Savers supply their money to the financial system with the expectation that they will get it back with interest at a later date.
• C) Financial intermediaries are the only type of financial institution.
• D) The financial system helps match people's saving with other people's borrowing.

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Definitions:

Stanley Milgram's Experiment

A series of social psychology experiments conducted in the 1960s to test obedience to authority, revealing people's willingness to follow orders even when they cause harm.

Obedience

Compliance with an order, request, or law or submission to another's authority.

Situational Factors

External influences that affect an individual's behavior, decisions, or performance in a given context or environment.

Authoritarian Personalities

A personality type characterized by strict adherence to authority, submission to authority figures, and a desire for order and conformity.