Unusually Good Weather That Improves Crop Production and a Major

question 110

True/False

Unusually good weather that improves crop production and a major oil discovery are both examples of a beneficial supply shock.

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Definitions:

Diffusion of Responsibility

A sociopsychological phenomenon where individuals in a group are less likely to take action or feel responsible for acting because the responsibility is perceived to be shared among all group members.

Bystander Effect

A phenomenon in which a person who witnesses another in need is less likely to help when there are other bystanders present to witness the event.

Bystander Effect

A phenomenon where individuals are less likely to offer help to a victim when other people are present.

Interpret

To explain the meaning of something or translate it from one form to another, often requiring an understanding of context and intention.