When the economy slows, families stop spending money on things they don't need. Which of a following is a likely result during times like these? The cost of luxury items like jewelry increases.
The supply of basic goods like food goes down.
The supply of luxury items like jewelry decreases.
The cost of basic goods like food goes up.

Ed participated in a psychology experiment in which he turned pegs on a board for one hour. although the task was very boring, the experimenter said, "i will pay you $1 if you tell the next participant that this experiment is the most exciting experiment that you have ever been in." julie also participated in the same experiment; however, the experimenter offered to pay her $50 to lie to the next participant. according to cognitive dissonance theory, ed will later report that experiment was and julie will report that it was a. boring; exciting b. exciting; boring c. exciting; exciting d. boring; boring