The Great Depression of the 1930s Led to a Revolution

question 88

Multiple Choice

The Great Depression of the 1930s led to a revolution in macroeconomic thinking, following the work of

• A)Arthur Laffer.
• B)Milton Friedman.
• C)Adam Smith.
• D)John Maynard Keynes.
• E)David Ricardo.

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Definitions:

Stimulus Generalization

A process in classical conditioning by which a response that originally occurs to a specific stimulus also occurs to different, but similar, stimuli.

Conditioned to Fear

The process by which individuals learn to fear certain objects, people, or situations due to previous experiences of association with negative outcomes.

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a pause.

Learned Response

A response that has been acquired through conditioning or learning, as opposed to being innate.