All of the Following Are Characteristics of Short-Term Economic Fluctuations

question 79

Multiple Choice

All of the following are characteristics of short-term economic fluctuations EXCEPT:

• A) expansions and recessions are felt throughout the economy.
• B) expansions and recessions are irregular in length and severity.
• C) unemployment rises during recessions.
• D) durable-goods industries are less sensitive to short-term fluctuations than service and non-durable industries.

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Definitions:

Visual Imagery

The mental representation and simulation of sensory experiences, particularly those involving sight, in the absence of direct sensory input.

Demand Characteristics

Cues in an experimental environment that communicate to participants how they are expected to behave.

Ambiguous Pictures

Images designed to be open to multiple interpretations or to create visual uncertainty.

Duck/Rabbit

An ambiguous image that can be seen as either a duck or a rabbit, used to discuss perceptual shifts and cognitive processes.