A temporary collection of people gathered in the same place at the same time becomes a crowd when they______________?
Correct answer: B. respond to a common stimulus
- A. interact on a face-to-face basis
- B. respond to a common stimulus
- C. are personally acquainted with each other
- D. have the same thing in mind as to how to behave
Explanation
A mere gathering becomes a crowd when those present respond to a common stimulus, such as an event, danger or performance. Personal acquaintance or face-to-face interaction is not necessary.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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