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Why Would a Change in the Price Level Lead to a Change

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Why would a change in the price level lead to a change in interest rates?


Definitions:

Behaviorists

Psychologists who focus on observable behaviors and the ways they're learned, rather than on cognitive processes.

Operant Conditioning

An approach to training in which the vigor of a conduct is influenced by offering reinforcements or enforcing sanctions.

Classical Conditioning

A training technique involving the repetitive pairing of two stimuli; a reaction initially caused by the second stimulus is ultimately provoked by just the first stimulus.

Dissociative Disorders

A group of mental disorders characterized by a voluntary disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.

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