Studies in the 1980s and Early 1990s Showed That, in General

question 151

Multiple Choice

Studies in the 1980s and early 1990s showed that, in general, greater central bank independence

• A) was associated with lower average inflation.
• B) was associated with lower average inflation and higher average real GDP growth.
• C) was associated with lower average inflation and higher unemployment.
• D) was associated with higher average inflation and higher average real GDP growth.

---

Definitions:

Continuous Reinforcement

A type of learning in which a behavior is reinforced every time it occurs, leading to rapid learning.

Flooding

A psychological treatment method where individuals are exposed to a vast amount of the fearful stimulus until the fear diminishes.

Programmed Learning

An educational technique involving self-teaching with the use of specially prepared instructional materials and a step-by-step sequence that allows for self-paced learning.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the repetition of desired behaviors and discouraging those that are undesirable.