In the Circular Flow Diagram, Aggregate Expenditure Includes

question 259

Multiple Choice

In the circular flow diagram, aggregate expenditure includes

• A) consumption expenditure, investment, government expenditure and net exports
• B) consumption expenditure, saving, investment and net exports
• C) consumption expenditure, saving, investment and government expenditure
• D) consumption expenditure, saving, government expenditure and net exports

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Definitions:

Operant Conditioning

Operant Conditioning is a learning process in which the strength of a behavior is modified by reinforcement or punishment.

Generalization

The process of extending the application of a response to stimuli that are similar to the conditioned stimulus in classical conditioning.

Reinforced Behavior

Behavior that is strengthened or made more likely to occur in the future due to the consequence of a reinforcement.

Different Situation

refers to a divergent or distinct condition, circumstance, or context from what is considered normal or usual.