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Which Part of Real GDP Fluctuate Most Over the Course

question 98

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Which part of real GDP fluctuate most over the course of the business cycle?


Definitions:

Operant Conditioning

A training approach where the potency of an action is changed by means of incentives or disciplining.

Social Learning

The theory that people learn new behaviors, attitudes, and values by observing the actions and outcomes of others' behaviors.

Empathy-Altruism

A theory suggesting that feeling empathy for another person creates a motivational state aimed at enhancing that person's welfare.

Communal Orientation

A frame of mind in which people don’t distinguish between what’s theirs and what is someone else’s.

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