Use the Figure Below to Answer the Following Questions

question 48

Multiple Choice

Use the figure below to answer the following questions.

Figure 27.2.2
The economy depicted does not engage in international trade and has no government. Planned aggregate expenditure (AE) is equal to the sum of consumption expenditure (C) and investment (I) .
-Refer to Figure 27.2.2. Equilibrium expenditure is

• A)$100 billion.
• B)$300 billion.
• C)$250 billion.
• D)$200 billion.
• E)$400 billion.

---

Definitions:

Observational Learning

Learning that occurs through observing the behaviors of others and imitating those behaviors without direct instruction or reinforcement.

Operant Conditioning

A process of teaching in which behavior modification occurs as a result of either encouraging rewards or imposing punishments.

Ivan Pavlov

A Russian physiologist known for his work in classical conditioning, demonstrating how stimuli can trigger conditioned responses.

Extinction

In psychology, it refers to the gradual weakening and eventual disappearance of a conditioned response.