When the Financial Crisis Started in August 2007,inflation Was Rising

question 7

Multiple Choice

When the financial crisis started in August 2007,inflation was rising and the Fed began an aggressive easing lowering of the federal funds rate,which indicated that

• A)there was an upward movement along the monetary policy curve.
• B)there was a downward movement along the monetary policy curve.
• C)the monetary policy curve shifted upward.
• D)the monetary policy curve shifted downward.

---

Definitions:

Motivation

Refers to the process that initiates, guides, and maintains goal-oriented behaviors.

Reinforcement

A concept in behavioral science where the probability of a behavior occurring is increased by following it with a positive or negative stimulus.

Fixed Interval Schedule

A type of conditioning schedule where rewards (reinforcements) are provided at fixed time intervals, regardless of the behavior's occurrence.

Reinforcement Theory

A psychological perspective emphasizing that behavior can be shaped by controlling the outcomes and consequences of that behavior.