If the Fed Adopts a Contractionary Monetary Policy,eventually We Can

question 59

Multiple Choice

If the Fed adopts a contractionary monetary policy,eventually we can expect:

• A)aggregate demand to increase.
• B)short-run aggregate supply to decrease.
• C)interest rates to decrease.
• D)planned investment expenditures to decrease.
• E)real Gross Domestic Product to increase.

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Definitions:

Shaping

A behavioral conditioning technique that involves reinforcing successive approximations toward a desired behavior.

Continuous Reinforcement

A learning process in which a desired behavior is reinforced every time it occurs, leading to quicker acquisition of the behavior.

Complex Tricks

Elaborate or sophisticated methods used to achieve a specific goal, often requiring skill and ingenuity.

Resistance To Extinction

The persistence of a learned behavior even when it is no longer reinforced, often observed in conditioning experiments.