If There Is an Unanticipated Increase in Aggregate Demand, Which

question 185

Multiple Choice

If there is an unanticipated increase in aggregate demand, which of the following is most likely to occur?

• A) a reduction in the price level
• B) an increase in the rate of unemployment
• C) an increase in employment
• D) an expansion in the federal budget deficit

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Definitions:

Unconditioned Stimuli

Stimuli that naturally and automatically trigger a response without prior conditioning.

Variable-Ratio Schedule

A schedule in which reinforcement is provided after a variable number of correct responses.

Fixed-Ratio Schedule

A schedule in which reinforcement is provided after a fixed number of correct responses.

Fixed-Interval Schedule

A type of operant conditioning reinforcement schedule where rewards are delivered at fixed intervals of time, provided that the correct response is made.