Stacey Thinks That Tammy Does Not Like Her

question 103

Multiple Choice

Stacey thinks that Tammy does not like her.As a result,Stacey tends to ignore Tammy,who then acts rude to Stacey.This is an example of a

• A) self-fulfilling prophecy.
• B) social trap.
• C) mirror-image perception.
• D) superordinate goal.

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Definitions:

APC

Average Propensity to Consume, which measures the fraction of income that households spend on consumption rather than saving.

MPS

Stands for Marginal Propensity to Save, which is the ratio of the change in savings to the change in disposable income. It indicates how much of an additional income unit is saved rather than spent.

Capacity Utilization Rate

The percentage of an industry or economy's total potential output that is actually being realized at a given time.

Great Recession

A significant global economic downturn that took place approximately from 2007 to 2009, deeply affecting the world economy.