Examlex
Consider the following news headline: "Increase in consumer confidence leads to increase in spending".Which of the following correctly describes the likely effect in our simple macro model?
Confederate
in psychological experiments, refers to an individual who is part of the research team but is presented as a participant to manipulate social interactions.
Conformity
The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.
Group
Refers to a number of individuals gathered together, often with common interests or objectives, interacting and functioning as a collective unit.
Groupthink
A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
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