Which of the Following Is Likely to Be Associated with a Negative

question 59

Multiple Choice

Which of the following is likely to be associated with a negative output gap?

• A) Full employment.
• B) Zero inflation.
• C) A boom.
• D) A recession.

---

Definitions:

Context-Dependent Learning

Context-dependent learning is the phenomenon where the context in which information is learned affects the ability to recall that information.

Mood-Congruent Memory

The tendency to recall information or events that are consistent with one's current mood, influencing and reinforcing emotional states.

Serial Position Effect

A memory phenomenon where items at the beginning and end of a list are more likely to be recalled than those in the middle.

Primacy Effect

The tendency to remember items at the beginning of a list better than those in the middle or at the end.