When a Recession Is Over, Do People Begin to Immediately

question 150

Essay

When a recession is over, do people begin to immediately feel the effects of an improving economy? Use the experience of the most recent recession to justify your answer.

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Definitions:

Extinction

The diminishing of an operant response when it is no longer reinforced, leading to a reduction or cessation of the behavior.

Initial Learning

The first stage in the learning process, where the basics of a task or knowledge are acquired.

Second-Order CR

A conditioned response elicited by a stimulus that has been associated with another stimulus already established as a conditioned stimulus.

CS

In psychology, CS stands for Conditioned Stimulus, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.