“Goldilocks effect”, recently seen in news is best described by which of the following statement:
1
The Goldilocks Effect refers to an economic theory that dissects the correlation between the price of gold and the global stock market performance.
2
It is an economic phenomenon when expansion in the economy occurs without triggering an increase in inflation.
3
The Goldilocks Effect in geology suggests that earth experiences equal durations of geological periods of extreme heat and extreme cold due to its placement in the solar system.
4
It is a psychological concept referring to the tendency of people to feel satisfaction when encountering situations that are "just right", neither too easy nor too challenging.