Inflationary Recessions

question 203

Multiple Choice

Inflationary recessions

• A)cannot possibly occur.
• B)have not occurred over the last 50 years.
• C)are easily dealt with by conventional monetary and fiscal policies.
• D)have occurred during 1970s and 1980s.

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Definitions:

External-Stable Attribution

The process of attributing an event or outcome to factors outside the individual that are consistent and unchanging over time.

Internal-Unstable Attribution

An explanation for behavior emphasizing internal but changeable factors, such as mood or effort.

Lecturer

A person who gives talks or speeches on specific subjects, often in an academic or educational setting.

Cognitive Miser

A model of social cognition that characterises people as using the least complex and demanding cognitions that are able to produce generally adaptive behaviours.