An Adverse Aggregate Supply Shock

question 138

Multiple Choice

An adverse aggregate supply shock

• A)automatically shifts the aggregate demand curve rightward.
• B)causes the Phillips Curve to shift leftward and downward.
• C)can be caused by a boost in the rate of growth of productivity.
• D)can cause stagflation.

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Definitions:

Respondent Conditioning

Skinner’s term for classical conditioning.

Habituation

The process of becoming accustomed to a stimulus or environment, resulting in a decreased response over time.

Learning Mechanism

Processes through which individuals acquire new knowledge, skills, behaviors, or values, often through observation, experience, or instruction.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.