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Cost-Push Inflation Increases Real Output and Employment

question 241

True/False

Cost-push inflation increases real output and employment.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Extinction

In behavioral psychology, the process through which the conditioned response is weakened when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Conditioned Animal

An animal that has learned to respond in a specific way to a conditioned stimulus through the process of conditioning.

Stimulus Chaining

involves teaching a sequence of actions by reinforcing each behavior with the opportunity to perform the next behavior until the final action is achieved.

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