_________ Inflation Can Be Explained by an ________ Shift in the Aggregate

question 7

Multiple Choice

_________ inflation can be explained by an ________ shift in the aggregate _________ curve.

• A) Demand-pull, leftward, demand
• B) Cost-push, rightward, demand
• C) Demand-pull, leftward, supply
• D) Cost-push, rightward, supply

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Definitions:

Variable-Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, in the context of behavioral psychology.

Operant Responding

Operant responding involves a type of learning where behavior is modified by its consequences, through reinforcement or punishment, initially described by B.F. Skinner.

Unpredictable

not able to be predicted or foreseen, often because of constant changes or lacking a pattern.

Variable-Interval

A timetable for reinforcement where the time intervals between receiving reinforcement vary around a certain average but are unpredictable.