In an Economy with Persistent Inflation

question 70

Multiple Choice

In an economy with persistent inflation,

• A) real GDP will grow faster than nominal GDP.
• B) nominal GDP will grow faster than real GDP.
• C) nominal and real GDP will grow at the same rate.
• D) nominal and real GDP will both fall.

Understand advanced concepts in conditioning such as stimulus generalization, discrimination, and higher-order conditioning.

Identify and explain the law of effect and its role in operant conditioning.

Understand how conditioned responses can impact physical health and psychological conditioning.

Apply conditioning principles to the development and treatment of phobias and addictive behaviors.