The Uncertainty of Inflation Can Cause a Decrease in Consumption

question 83

True/False

The uncertainty of inflation can cause a decrease in consumption but will not impact business spending and production.

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Definitions:

External Reward

A reward that comes from outside the individual, often used as motivation for behavior, such as money, grades, praise, or awards.

Affiliation

A psychological need to feel a sense of involvement and "belonging" within a social group; it's the driving force behind our desire to build friendships, join groups, and identify with others.

Instinct

A natural, usually unchangeable behavior observed in animals as a reaction to specific triggers.

Spiders

Arachnids characterized by eight legs, a chelicerae with fangs that inject venom, and the ability to spin webs.