If the Price Level Falls,the Real Value of a Dollar

question 8

Multiple Choice

If the price level falls,the real value of a dollar

• A)rises,so people will want to buy more.
• B)rises,so people will want to buy less.
• C)falls,so people will want to buy more.
• D)falls,so people will want to buy less.

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Definitions:

Demand Characteristics

Cues that inform the subject how he or she is expected to behave.

Unobtrusive Measures

Research methods that do not require direct interaction with participants, minimizing the potential for the researcher's presence to influence the results.

Demand Characteristics

Cues in an experiment that suggest to participants what the experimenter expects to find or how participants are expected to behave.

Demand Characteristic

Features of an experimental setting that cause participants to guess the purpose of the study and change their behavior.