<u>Answer:
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The described disparity in the responses given by the residents of the dormitories simply because the order of questions was changed is an example of priming effects.
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- Psychological priming happens when an event or an action acts as a stimulus and influences the response that one unconsciously chooses to give to a similar event or an action.
- The concept of priming is mostly responsible for the observed changes in decisions made by people who are subjected to a stimulus right before they make a decision.
Answer: By creating monopolies and establishing trusts.
Explanation:
By the late nineteenth century, trusts and monopolies had taken over the American economy. This meant consumers were obliged to face high prices for everyday products, and a reform of regulations in the industry began to be demanded.
A trusts is an organization of many businesses within the same business that by combining forces, gain control over production and distribution of certain good, in order to limit competition.
Monopolies are companies that hold total power over an area of the economy, and can, therefore, set any price.
The generally accepted measure of the standard of living is GDP per capita. Real GDP per capita removes the effects of inflation or price increases. Real GDP is a better measure of the standard of living than nominal GDP. A country that produces a lot will be able to pay higher wages.
