Demand- Pull Inflation Could Start with

question 420

Multiple Choice

Demand- pull inflation could start with

• A) increases in government expenditures followed by increases in the money wage rate.
• B) rises in prices of raw materials followed by expansionary monetary policy.
• C) simultaneous expansionary aggregate demand and aggregate supply shifts.
• D) expansionary monetary policy followed by decreases in the money wage rate.

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Definitions:

Extinction

The process by which a conditioned response decreases or disappears after repeated exposure without the unconditioned stimulus.

Teaching Machines

Devices or computer programs designed for instructional purposes, enabling personalized pace and interaction for learning.

Immediate Reinforcement

The immediate reward or punishment following a behavior, which increases the likelihood of the behavior being repeated.

Respondent Behavior

A type of behavior that occurs as an automatic response to a specific stimulus, without voluntary control.