"Non-Market-Clearing" Approaches to Macroeconomics Include

question 96

Multiple Choice

"Non-market-clearing" approaches to macroeconomics include

• A)the original Keynesian model,but not the New Keynesian model.
• B)the New Keynesian model,but not the original Keynesian model.
• C)the original and New Keynesian models.
• D)neither the original nor the new Keynesian models.

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Definitions:

John B. Watson

An American psychologist who established the psychological school of behaviorism.

Rosalie Rayner

An American psychologist best known for her work with John B. Watson on the Little Albert experiment, contributing to the development of behaviorism.

Generalization

When a conditioned response is elicited in response to things similar to the conditioned stimulus.

Discrimination

Narrowing the conditions that produce the conditioned response.