The Shape of the Immediate-Short-Run Aggregate Supply Curve Implies That

question 71

Multiple Choice

The shape of the immediate-short-run aggregate supply curve implies that

• A) total output depends on the volume of spending.
• B) increases in aggregate demand are inflationary.
• C) output prices are flexible, but input prices are not.
• D) government cannot bring an economy out of a recession by increasing spending.

Recognize the importance of behaviorism in understanding learning.

Understand the role of stimuli, responses, and consequences in learning.

Acknowledge how environmental and psychological factors influence learning.

Differentiate between the mechanisms of learning through observation, association, and consequences.