The Aggregate Supply Curve That Defines the Level of Full

question 88

Multiple Choice

The aggregate supply curve that defines the level of full employment or potential output based on a given amount of resources,efficiency,and technology in the economy is called:

• A)short-aggregate supply curve.
• B)long-run aggregate supply curve.
• C)intermediate aggregate supply curve.
• D)none of the above.

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Definitions:

Conditioned Response

A response that is learned when a neutral stimulus is regularly presented together with a stimulus that naturally triggers a reaction, transforming the neutral stimulus into a conditioned one.

Conditioned Stimulus

A formerly neutral signal that, through linkage with an unconditioned stimulus, eventually elicits a conditioned reaction.

Classical Conditioning

A learning process where a neutral stimulus becomes associated with a meaningful stimulus, eliciting a conditioned response.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses and anxiety through gradual exposure to the feared object or situation paired with relaxation techniques.