When Real GDP Is Greater Than Potential Output,the Unemployment Rate

question 64

Multiple Choice

When real GDP is greater than potential output,the unemployment rate ________ the NAIRU.

• A)falls toward
• B)falls below
• C)rises toward but never exceeds
• D)is equal to
• E)rises above

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Definitions:

Conditional Stimuli

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Unconditioned Stimuli

Stimuli that naturally and automatically trigger a response without prior conditioning.

Variable-Ratio Schedule

A schedule in which reinforcement is provided after a variable number of correct responses.

Fixed-Ratio Schedule

A schedule in which reinforcement is provided after a fixed number of correct responses.