Suppose Mike and Renee Are the Only Two People in a Very

question 47

Multiple Choice

Suppose Mike and Renee are the only two people in a very simple economy and that they produce and exchange two goods,soda and pretzels.Which of the following might cause a recession in this simple economy?

• A) Mike gets the idea that Renee wants more soda,which Mike produces.
• B) Renee gets the idea that Mike wants more pretzels,which she produces.
• C) Mike gets the idea that Renee wants less soda,which he produces.
• D) Renee gets the idea that Mike wants less soda,which he produces.
• E) The production of pretzels being equal to the production of soda.

---

Definitions:

Aptitude-Treatment Interaction

A theory suggesting that different instructional approaches are more effective for individuals with different aptitudes.

Instructional Method

Techniques or approaches used in teaching to facilitate learning, such as lectures, discussions, simulations, or collaborative projects.

Aptitude

A natural ability to do something or to learn something.

Flipped Classroom

An instructional strategy where traditional learning environments are inverted, with learners first gaining exposure to new material outside of class.