A Temporary Supply Shock,such as a Bumper Crop,would

question 80

Multiple Choice

A temporary supply shock,such as a bumper crop,would

• A)shift the FE line to the right and leave the IS curve unchanged.
• B)shift the FE line to the left and shift the IS curve up.
• C)shift the FE line to the left and leave the IS curve unchanged.
• D)have no effect on the FE line.

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Definitions:

Expectancies

Beliefs about the potential outcomes of certain behaviors, which can influence an individual's decisions and actions.

Cognitive Factors

Elements that affect the processes of thinking, understanding, learning, and remembering.

Tension

A state of mental or emotional strain, often resulting from challenging or demanding circumstances.

Stimulus-Response Units

In behavioral psychology, these are the basic elements of behavior, indicating a direct, observable link between a stimulus and a response it triggers.