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If a Tone Is Reliably Paired with a Shock Then

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If a tone is reliably paired with a shock then the tone will itself come to elicit a fear response. What name is given to the tone after this process has occurred?


Definitions:

Sticky Prices

Refers to the resistance of prices to change, despite shifts in the broader economy or a product's supply and demand.

Price Level

An index or average that reflects the overall price of goods and services in an economy at a given time, often used to measure inflation or deflation.

Long-Run Aggregate Supply

The Long-Run Aggregate Supply represents the total production of goods and services in an economy at full employment, unaffected by short-term fluctuations.

Recessionary Gap

Occurs when the actual output of an economy is less than the potential output, indicating underutilized resources.

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