This Theory Views Shocks to Tastes (Workers' Willingness to Work,for

question 25

Multiple Choice

This theory views shocks to tastes (workers' willingness to work,for example) and technology (productivity) as the major driving forces behind short-run fluctuations in the business cycle because these shocks lead to substantial short-run fluctuations in the natural rate of output.

• A)the natural rate hypothesis
• B)hysteresis
• C)real business cycle theory
• D)the Phillips curve model

---

Definitions:

Ratio Schedule

A type of reinforcement schedule in operant conditioning where a response is reinforced after a specified number of responses.

Continuous Reinforcement

A method in behavioral psychology where a desired behavior is reinforced every time it occurs, leading to faster learning.

Partial Reinforcement

A conditioning strategy where a behavior is reinforced only some of the time, often making the learned behavior more resistant to extinction.

Unconditioned Response

A natural, unlearned reaction to an unconditioned stimulus, such as salivation when food is presented, inherent in classical conditioning.