In an Effort to Discover Whether or Not Workers Understand

question 175

Multiple Choice

In an effort to discover whether or not workers understand inflation,economist Robert Shiller conducted a survey.When asked about the effect of general inflation on their wages or salary,the most popular response coming from workers was

• A)"My wages usually catch up to rising prices within a year."
• B)"The price increase will create extra profit for my employer....There will be no affect on my pay."
• C)"My wages have always increased by more than the rate of inflation."
• D)None of the above is correct.

---

Definitions:

Bruised Ego

Emotional discomfort or distress caused by an event that negatively affects one's self-esteem or pride.

Erogenous Zones

Specific areas of the body that experience heightened sensitivity and can generate a sexual response when stimulated.

Pleasure-Seeking Energies

The drive towards activities or experiences that provide a sense of satisfaction, enjoyment, or pleasure.

Oedipus Complex

A theory in psychoanalytic theory that describes a child's feelings of desire for the opposite-sex parent and jealousy and envy toward the same-sex parent.