If the Expenditure Schedule Lies Above the Level of Potential

question 86

Multiple Choice

If the expenditure schedule lies above the level of potential GDP, then there is a(n)

• A)recessionary gap.
• B)precautionary gap.
• C)deflationary gap.
• D)inflationary gap.

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Definitions:

Fixed-ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, commonly used in behavior analysis.

Variable-ratio

A reinforcement schedule in which a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Negative Reinforcer

A stimulus whose removal immediately after a response increases the frequency of that response in the future.

Immediate Reinforcer

A reward that occurs directly following a behavior, which increases the likelihood of that behavior being repeated.