When Output Is Less Than the Economy's Long-Run Capacity, Which

question 65

Multiple Choice

When output is less than the economy's long-run capacity, which of the following is most likely to occur?

• A) an abnormally low rate of unemployment
• B) reductions in real interest rates and real resource prices
• C) a sharp increase in imports
• D) a government budget surplus

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Definitions:

Time-Out

A disciplinary technique in which for a short span of time a child is required to discontinue his involvement in ongoing activities to quietly sit somewhere apart. This technique involves mild power assertion and is suitable for use with toddlers and preschoolers.

Love Withdrawal

One method parents use to enforce control of children’s behavior involves parents withdrawing attention or affection, expressing disappointment or disillusionment with a child, turning away from a child, cutting off verbal or emotional contact, or enforcing separations. Generates high anxiety and elicits immediate compliance.

Material Self

Aspects of an individual's self-concept related to physical objects, possessions, and physical appearance.