If Technological Change Shifts the Long-Run Aggregate-Supply Curve to the Right

question 106

Multiple Choice

If technological change shifts the long-run aggregate-supply curve to the right, it will also do which of the following?

• A) It shifts both the short-run and long-run Phillips curves to the right.
• B) It shifts both the short-run and long-run Phillips curves to the left.
• C) It will shift the short-run aggregate-supply curve to the right and the long-run Phillips curve to the left.
• D) It will shift the short-run aggregate-supply curve to the right and leave the long-run Phillips curve unaffected.

Understand Skinner's unique approach to personality and his rejection of internal, subjective explanations for behavior.

Recognize the key elements and applications of Skinner's behavioral research, including his work with animals.

Identify the fundamental principles of operant and respondent conditioning.

Comprehend Skinner's views on human behavior, including the importance of consequences in behavioral control.

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Definitions:

Affirmation

A positive statement or declaration, often used in the context of legal oaths.

In Pari Delicto

In equal fault.

Illegal Agreement

A contract or agreement that is not enforceable by law because it involves activities that are against the law or public policy.

Voidable

Voidable refers to a legal contract or transaction that is valid and enforceable on the surface but may be declared void by one of the parties due to certain defects or conditions.