"Automatic Fiscal Stabilization" in the Economy Refers to

question 125

Multiple Choice

"Automatic fiscal stabilization" in the economy refers to

• A)the properties of government spending and taxation that cause the simple multiplier to be increased.
• B)the discretionary fiscal policies that are automatically undertaken by the government when there is a recessionary gap.
• C)the properties of government spending and taxation that cause the simple multiplier to be reduced.
• D)the discretionary fiscal policies that are automatically undertaken by the government when there is an inflationary gap.
• E)all discretionary fiscal policies.

Distinguish between primary and secondary reinforcers within the context of operant conditioning.

Explain the concept of vicarious reinforcement and its impact on behavior.

Understand the distinction between instinctual behaviors and reflexive actions.

Apply the principles of reinforcement schedules in learning and behavior modification.

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Definitions:

Weber Fraction

A principle stating that the smallest change in a stimulus that can be detected is a constant proportion of the starting level of that stimulus.

Difference Threshold

The smallest change in stimulation that can be noticed by an individual half of the time, also referred to as the "just noticeable difference" (JND).

Applied Of Fechner's Law

The practical application of Fechner's principle, which relates the intensity of a physical stimulus to the intensity of the sensation it produces.

Weber Fraction

A psychological principle that quantifies the perception of change in a given stimulus proportionate to the original intensity of the stimulus.