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Author Question: Jeremiah is not a fan of the ballet, but he believes that his friends all enjoy the cultural ... (Read 241 times)

rmenurse

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Jeremiah is not a fan of the ballet, but he believes that his friends all enjoy the cultural experience that ballet brings and he does not want to appear unsophisticated.
 
  Unbeknownst to Jeremiah, all of his friends share the same opinion of the ballet as he does, and none of them want to appear unsophisticated to the rest of the grouA) diffusion of responsibility.
  B) dysfunctional family syndrome.
  C) pluralistic ignorance.
  D) a prisoner's dilemma.

Question 2

Suppose an economy experiences a permanent increase in its expected inflation rate. As a result, there is
 
  A) a downward shift of the short-run Phillips curve.
  B) a downward movement along the short-run Phillips curve.
  C) an upward movement along the short-run Phillips curve.
  D) no change at all to the short-run Phillips curve.
  E) an upward shift of the short-run Phillips curve.



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flexer1n1

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Answer to Question 1

C

Answer to Question 2

E




flexer1n1

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