A Reduction in Resource Prices Tends to Be Associated with a

question 18

Multiple Choice

A reduction in resource prices tends to be associated with a

• A) rightward shift of the aggregate supply curve.
• B) movement up the aggregate supply curve.
• C) rightward shift of the aggregate demand curve.
• D) movement up the aggregate demand curve.
• E) leftward shift of the aggregate supply curve.

---

Definitions:

Classical Conditioning

The instruction process by which two stimuli, when paired together repeatedly, cause a reaction that was once only induced by the second stimulus to be triggered by the first stimulus alone.

Primary Reinforcers

Fundamental stimuli that satisfy basic biological needs, such as food, water, and air, and do not require learning to be effective.

Variable-Ratio

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, commonly used in behavioral psychology.

Fixed-Interval

A timing-based reinforcement plan where rewards are given after a predetermined time interval upon the first response.