Prices Tend to Be Stickier in the Shorter Run Than

question 5

True/False

Prices tend to be stickier in the shorter run than in the longer run.

---

Definitions:

Psychological Instruments

Tools and tests used by psychologists to measure mental functions and behaviors.

Dubious Distinction

A questionable or uncertain honor or recognition, often implying that the merit of the distinction is not entirely positive.

Defense Mechanism

Psychological strategies brought into play by individuals or the ego to protect against anxiety arising from unacceptable thoughts or feelings.

Subconsciously Attributes

Subconsciously attributes refer to qualities or features that are assigned or associated with something without conscious awareness.