Complete the Following Using the Terms Listed

question 108

Multiple Choice

Complete the following using the terms listed.
-If the government spends more than the amount of money it raises through taxes,then a(n) _____ occurs.

• A)Consumer Price Index (CPI)
• B)Inflation
• C)Gross domestic product (GDP)
• D)fiscal policy
• E)monetary policy
• F)equilibrium price
• G)budget deficit
• H)Pure competition
• I)supply
• J)Demand
• K)Productivity
• L)recession
• M)microeconomics
• N)oligopoly
• O)monopoly

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Definitions:

Emotional Lability

A condition of emotional instability characterized by rapid and extreme mood changes.

Self-Perception

A theory suggesting individuals infer their attitudes and feelings by observing their own behavior and the context in which it occurs.

Achievement Attribution

The process of assigning causes or reasons to one's successes or failures.

Controllability

The degree to which an individual perceives they have control over events or outcomes in their life or environment.