A Factor That Might Have Contributed to the Weakening of the U.S

question 50

Multiple Choice

A factor that might have contributed to the weakening of the U.S. economy in 2007-2009 was

• A)increases by the Federal Reserve in its target short-term interest rate.
• B)rapid growth of the money stock.
• C)the unexpected return to the gold standard.
• D)rising levels of federal government spending.

Examine the role of cultural differences in attributions, attitudes, and biases.

Differentiate between internal (personal) and external (situational) attributions and their application to self and others.

Understand the concepts of blaming the victim and diffusion of responsibility.

Recognize the impact of reporting styles across cultures on the perception of events.

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Definitions:

Albert Bandura

A prominent psychologist known for his work in social learning theory, emphasizing the importance of observing, modelling, and imitating the behaviors, attitudes, and emotional reactions of others.

Self-Efficacy

The perception a person has of his or her ability to perform competently whatever is attempted.

Heritability Of Traits

A measure of how much genetic factors contribute to individual differences in observable traits within a population.

Personality Differences

Variations in the patterns of thinking, feeling, and behaving that distinguish one person from another.