In the Summer of 2008, Consumers Indicated That They Were

question 219

Multiple Choice

In the Summer of 2008, consumers indicated that they were less optimistic about the future of the economy. Such a change in sentiment is likely to

• A)shift aggregate demand to the right.
• B)increase output.
• C)increase unemployment.
• D)increase prices.

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Definitions:

Operant Chamber

A laboratory apparatus used in behavioral psychology to study animal behavior by manipulating consequences of their actions.

Primary Reinforcers

Innate reinforcing stimuli that satisfy basic biological needs, such as food, water, and warmth.

Speech Therapy

The assessment and treatment of communication problems and speech disorders.

Reinforcement

In psychology, a concept where a consequence that follows a behavior increases the likelihood of that behavior being repeated in the future.