Symptoms of Groupthink Include: Rationalizing Unpleasant and Disconfirming Data; Stereotyping

question 174

True/False

Symptoms of groupthink include: rationalizing unpleasant and disconfirming data; stereotyping competitors as weak, evil, and/or stupid; protecting members from hearing disturbing ideas or outside viewpoints; and applying direct pressure to deviants to conform to group wishes.

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts, which can affect inflation and economic growth.

Increasing Rate

A situation where the pace or percentage of a certain variable, such as growth, inflation, or interest, is rising.

Decreasing Rate

Decreasing Rate refers to a situation where the rate of growth or rate of increase in a variable is slowing down over time.

M2

A measurement of the total amount of money available that encompasses physical currency, funds in checking accounts, and near-cash assets like savings accounts and money market funds.