Relative-Price Variability Is "Automatic" When

question 78

Multiple Choice

Relative-price variability is "automatic" when

• A)firms change prices only once in a while.
• B)firms change prices often.
• C)people increase the frequency of their trips to the bank.
• D)people decrease the frequency of their trips to the bank.

Understand the roles and jurisdictions of international legal bodies such as the International Criminal Court and the World Trade Organization.

Comprehend the justifications and doctrines related to war, including preemptive and protective war.

Recognize the principles and applications of international trade and dispute resolution mechanisms, involving entities like WTO and CISG.

Analyze the development and impact of political ideologies and theories on global order and international relations.

---

Definitions:

Organic Chemistry

Organic Chemistry is the branch of science dealing with the structure, properties, composition, reactions, and synthesis of carbon-containing compounds.

Memory Trace

The theoretical concept referring to the physical change in the brain that represents the imprint of an experienced event or piece of information.

Motivated Forgetting

A psychological phenomenon whereby individuals unconsciously block memories of traumatic or disturbing events or information.

Source Amnesia

Faulty memory for how, when, or where information was learned or imagined. (Also called source misattribution.) Source amnesia, along with the misinformation effect, is at the heart of many false memories.