Which of the Following Is NOT an Element of the Economic

question 156

Multiple Choice

Which of the following is NOT an element of the economic fluctuations model?

• A)An aggregate demand curve.
• B)An inflation adjustment line.
• C)An equilibrium at the intersection between an aggregate demand curve and an inflation adjustment line.
• D)Productivity curve.
• E)None of these: All are elements of the economic fluctuations model.

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Definitions:

Frequency

The rate at which a repeating event occurs over a specified time period.

Extinction Procedure

A method used in behavior psychology to reduce or eliminate the occurrence of a conditioned response by discontinuing reinforcement.

Reinforcer

An element used in behavioral psychology to encourage the repetition of a desired behavior by providing a consequence that the individual finds rewarding.

Behavior

The way a person responds or behaves in reaction to outside or inside triggers.