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Inflation Is a ________ Increase in the Price Level and It

question 90

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Inflation is a ________ increase in the price level and it can be produced if the AD curve shifts up ________.


Definitions:

Classical Conditioning

Classical conditioning refers to the learning mechanism where a response initially triggered by a second stimulus becomes triggered by the first stimulus after the two stimuli have been paired together repeatedly.

Skinner

B.F. Skinner, an American psychologist known for his influential work in behaviorism and for developing the theory of operant conditioning.

Pavlov

A Russian physiologist best known for his work in classical conditioning, demonstrating how animals can learn to associate a neutral stimulus with a reflexive response.

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer, used to modify behavior.

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