Answer:
Explanation
A fixed exchange rate happens when a country ties the value of its currency to some other common commodity or to the currency of another i.e an exchange rate where the currency of one country is linked to the currency of another country or a commonly traded commodity like gold or oil. It provides country stability and the rate are predominantly determined by the government.
while Flexible exchange rate which is also known as floating exchange rate serves to adjust the balance of trade. In this exchange, the currency price of a nation is set by the forex market based on supply and demand relative to other currencies. Unlike Fixed exchange, where exchange rates are determined by government, exchange rate is solely determined by the global demand and supply of currencies in Flexible exchange.
advantages of fixed exchange;
1. it provides country stability as the investors always know the worth of the currencies.
2. it prevent inflation from occurring in a country.
3. It promotes currency stability.
disadvantages:
1. It can be very expensive to maintain as a country must have enough foreign exchange reserves to manage its currency rate.
2. it require higher interest rates.
advantages of flexible exchange:
1. it promotes stability in the balance of payment
2. promotes the domestic economy from shocks produced by disturbances
disadvantages:
1. unstable conditions
2. volatile in nature
Dr. Moosbichler's point of view is most compatible with the approach to psychology known as
<u>"functionalism".</u>
Functionalism is a theory about the idea of mental states. As per functionalism, mental states are distinguished by what they do instead of by what they are made of. This can be comprehended by pondering relics like mousetraps and keys. Specifically, the first inspiration for functionalism originates from the supportive correlation of psyches with PCs. However, that is just a similarity. The fundamental contentions for functionalism rely upon demonstrating that it is better than its essential rivals: character hypothesis and behaviorism. Appeared differently in relation to behaviorism, functionalism holds the customary thought that psychological states are inside conditions of reasoning animals.
Answer:
postdecision dissonance
Explanation:
Post-decision dissonance: In psychology, the term "post-decision dissonance" is referred to as one of the categories of cognitive dissonance. An individual who experiences post-decision dissonance encounters distress that generally arises once he or she makes a specific decision about something. According to psychologists, whenever an individual makes a decision related to something which is considered as desirable for the person causes dissonance.
In the question above, Chloe is experiencing "post-decision dissonance".
d) I wanted to take psychology.
Explanation:
- Humanistic psychology, a direction in psychology derived from the humanistic theory of Abraham Maslow.
- Humanistic psychology developed during the 1960s into a movement that was proclaimed the "third force" in psychology (along with psychoanalysis and behaviorism). In human psychology, man is a free, dynamic and creative being, responsible for his own quality of life.
- Specific human characteristics such as values, ideals and aspirations cannot be explained by innate urges (such as psychoanalysis), nor by responding to environmental stimuli (behaviorism). The originally healthy and creative nature of man strives not only for the attainment and maintenance of homeostasis, but for the growth and development and realization of human possibilities.
- The self-actualized person realized his or her abilities and developed into a healthy and adjusted personality. Humanistic psychology has diverse applications in psychological counseling and psychotherapy practice, as well as for educational purposes. Its goals are to foster self-actualization, self-understanding and mutual understanding.
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