You Put Money in the Bank

question 92

Multiple Choice

You put money in the bank.The increase in the dollar value of your savings

• A)and the change in the number of goods you can buy with your savings are both nominal variables.
• B)and the change in the number of goods you can buy with your savings are both real variables.
• C)is a nominal variable,but the change in the number of goods you can buy with your savings is a real variable.
• D)is a real variable,but the change in the number of goods you buy with your savings is a nominal variable.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.