Podcast
Questions and Answers
A 2003 study found that economic news was more often positive than negative.
A 2003 study found that economic news was more often positive than negative.
False (B)
The news media coverage always accurately reflects the actual economic events.
The news media coverage always accurately reflects the actual economic events.
False (B)
The framing effect of news presentation has no impact on people's perception of risk.
The framing effect of news presentation has no impact on people's perception of risk.
False (B)
The authors of one paper argued that media coverage shortens periods of prolonged economic growth or contraction.
The authors of one paper argued that media coverage shortens periods of prolonged economic growth or contraction.
People's expectations of the economy are not influenced by economic news.
People's expectations of the economy are not influenced by economic news.
There is no evidence that the news might be partly responsible for collective pessimism.
There is no evidence that the news might be partly responsible for collective pessimism.
The negativity bias is a psychological trait that means people pay more attention to good news.
The negativity bias is a psychological trait that means people pay more attention to good news.
A website that only reported good news saw an increase in readership.
A website that only reported good news saw an increase in readership.
Governments often use positive incentives to motivate the general public.
Governments often use positive incentives to motivate the general public.
The general public tends to have an optimistic outlook on their nation's economic prospects.
The general public tends to have an optimistic outlook on their nation's economic prospects.
Economic cycles do not exist and are not a cornerstone of modern economics.
Economic cycles do not exist and are not a cornerstone of modern economics.
The negativity bias is a well-known psychological trait that has only been recently discovered.
The negativity bias is a well-known psychological trait that has only been recently discovered.
