Which One of the Following Statements Is True

question 26

Multiple Choice

Which one of the following statements is true?

• A) In the short run, the level of output is determined by demand.
• B) In the long run, the level of output is determined by demand.
• C) In the long run, the aggregate supply curve is horizontal.
• D) Where aggregate demand and aggregate supply intersect is always the full-employment level of output.

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Definitions:

Stimulus Contrast

The change in response strength or rate to a stimulus when the background or context stimuli are altered.

Stimulus Generalization

The process in psychology where a response that has been conditioned to a specific stimulus is also elicited by similar stimuli.

Discriminative Operant

A type of operant conditioning in which behavior is controlled by stimuli that signal the reinforcement of a behavioral response.

Behavioral Contrast

A phenomenon where the rate of response to a stimulus changes significantly due to the introduction of a reinforcement or punishment to another stimulus.