What Does Macroeconomics Primarily Examine

question 170

Multiple Choice

What does macroeconomics primarily examine?

• A) broad issues such as national output, employment, and inflation
• B) how prices are determined within individual markets
• C) the behaviour of individual households and firms
• D) the output levels that maximize the profits of business firms

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Definitions:

Stimulus Presentation

The act of introducing a stimulus to a subject's sensory medium (e.g., visual, auditory) to provoke a response or examine the subject's behavior in psychological experiments.

Schedule of Reinforcement

A plan or strategy in behavioral psychology for determining which responses will be reinforced to shape or modify behavior.

Partial Reinforcement

A conditioning strategy in which a reward is not administered every time the desired behavior is performed, often leading to more resistant behavior change.

Reinforcers

Stimuli, which when presented after a behavior, increase the likelihood of that behavior being repeated.