The theory that asserts that motivation is essentially a decision about how much effort to exert to get what you want is expectancy theory.
<h3>What is motivation?</h3>
It should be noted that motivation simply explains why people behave in a particular way.
In this case, expectancy theory states that asserts that motivation is essentially a decision about how much effort to exert to get what you want.
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Answer:
<h2>Hindsight Bias</h2>
Explanation:
The predisposition of the people to consider the events that have occurred as being more predictable than they actually were prior to the event actually happened. Due to this people often believe after the occurrence of an event that they could have predicted the outcome with high degree of certainty. This bias can cause distortions of memories about what we believed before the event happened. It can lead to overconfidence about the results of the future events. It is visible in judicial systems and and writings of historians.
Answer:
The flashbulb memories are stored on one occasion and retained for a lifetime. These memories are associated with important historical or autobiographical events. Examples of flashbulb events are September 11th, Assassination of Kennedy, and the Challenger explosion.
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"They reduce disposable income" explains how contractionary policies can hamper economic growth
<h3>Further explanation
</h3>
Disposable income is the amount of money that households have,available for spending and saving after income taxes accounted.
Expansionary fiscal policy is an increase in government expenditures, also a decrease in taxes that causes the government's budget deficit to increase or its budget surplus to decrease. In short, expansionary fiscal policy boosts economic growth by lowering interest rates.
Whereas contractionary fiscal policy is defined as a decrease in government expenditures, also an increase in taxes that causes the government's budget deficit to decrease or its budget surplus to increase. Contractionary money policy is used to combat inflation. In short, contractionary fiscal policy hamper economic growth by increasing interest rates.
Contractionary policy increases the cost of borrowing. It can decreases GDP and dampens inflation, but also leads to reduced disposable income. Another negative side effect is it makes an increase in the unemployment rate. Disposable income itself is the amount of money that households have, available for spending and saving after income taxes accounted.
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<h3>Answer details</h3>
Grade: 9
Subject: social studies
Chapter: hamper economic growth
Keywords: hamper economic growth
