Tom Is Baking Banana Bread,and the Recipe Calls for Half

question 90

Multiple Choice

Tom is baking banana bread,and the recipe calls for half a cup of margarine.When he realizes that he does not have any margarine,he gives up baking rather than using a substitute.His method of thinking reflects

• A)an algorithm.
• B)mental set.
• C)surface salience.
• D)functional fixedness.

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Definitions:

Tax Cut

A reduction in the amount of taxes imposed by a government on its citizens, often aimed at stimulating economic growth.

Peace-Time Deficits

Refers to budget deficits that occur during periods without major wars, often resulting from government spending on public services and welfare rather than military expenditures.

Economic Activity

The processes that include creating, sharing, and using products and services in an economic system.

Automatic Stabilizers

Financial strategies and initiatives that adapt on their own to mitigate economic variances without requiring direct action from the government.