Individuals Engage in ________ Because It Is Impossible for Them

question 75

Multiple Choice

Individuals engage in ________ because it is impossible for them to assimilate everything they see and can take in only certain stimuli.

• A) selective perception
• B) cognitive dissonance
• C) self-serving bias
• D) emotional labor
• E) self-fulfilling prophecy

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Definitions:

Economy

A system by which goods and services are produced, distributed, and consumed within a society or geographical area.

Government

The organized system or group of people governing an organized community, often a state, managing its public policy and affairs.

Lags

Delays in the effect of economic policies or other changes in the economy, which can affect the timing and efficiency of economic outcomes.

Discretionary Fiscal Policy

Fiscal measures, such as government spending and taxation, actively applied by a government to influence the economy, especially to counteract recession or control inflation.