Figure 30-2

question 129

Multiple Choice

Figure 30-2. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.
-Refer to Figure 30-2. Which of the following events could explain a shift of the money-demand curve from MD1 to MD2?

• A) an increase in the value of money
• B) a decrease in the price level
• C) an open-market purchase of bonds by the Federal Reserve
• D) None of the above is correct.

Recognize the impact of cognitive complexity on personal development and interpersonal relationships.

Understand the relevance and application of Kelly's theory in contemporary psychology.

Understand the definition and implications of the dichotomy corollary within Kelly's personal construct theory.

Analyze the impact of differing construct systems on interpersonal relationships and global conflicts.

---

Definitions:

Jury

A jury is a group of people sworn to render a verdict in a legal case on the basis of evidence presented to them in a court.

Covariation Principle

A theory suggesting that people attribute behavior to causes that appear at the same time as the behavior and are absent when the behavior does not occur.

Attributions

The process by which individuals explain the causes of behavior and events, either their own or others'.

Heuristics

A strategy for making judgments quickly, at the price of occasional mistakes.