The Japanese Banking System Went Through a Cycle of ________

question 67

Multiple Choice

The Japanese banking system went through a cycle of ________ in the 1990s similar to the one that occurred in the U.S. in the 1980s.

• A)regulatory forbearance
• B)policy antagonism
• C)regulatory ignorance
• D)policy renewal

Understand the basic principles of different motivational theories including arousal theory, drive-reduction theory, and the Yerkes-Dodson law.

Recognize the psychological and physiological aspects affecting human needs and behaviors such as hunger, social relationships, and achievement.

Identify factors influencing body weight regulation including the concepts of set point and basal metabolic rate.

Appreciate the importance of social connections and how technology like social media impacts human relationships.

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Definitions:

Precommitment Device

A strategy or mechanism used by individuals or firms to constrain their future actions in order to achieve a desired outcome.

Behavioral Economists

Specialists who study economic decisions by integrating insights from psychology, judgment, and economics to understand how individuals and institutions make choices.

Alarm Clock

A device used to awaken individuals from sleep at a set time with an alarm.

Myopia

A condition where individuals or organizations focus on short-term gains at the expense of long-term benefits, often leading to suboptimal decisions.