The Decreasing Slope of the Aggregate Production Function Reflects

question 69

Multiple Choice

The decreasing slope of the aggregate production function reflects

• A)diminishing returns.
• B)rising unemployment.
• C)decreasing costs.
• D)increasing aggregate demand.
• E)a decrease in potential GDP.

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Definitions:

Primary Reinforcer

Something that is naturally rewarding because it fulfills a basic biological need or desire.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid acquisition of a new behavior.

Ratio Reinforcement

A type of operant conditioning reinforcement schedule in which a response is reinforced only after a specified number of responses have occurred.

Interval Reinforcement

A type of operant conditioning scheduling wherein rewards are given to an organism at variable time intervals to encourage behavior.