If Aggregate Output Is Below the Natural Rate Level,activists of Policies

question 4

Multiple Choice

If aggregate output is below the natural rate level,activists of policies would recommend that the government

• A)do nothing.
• B)try to eliminate the high unemployment by attempting to shift the aggregate supply curve to the right.
• C)try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the right.
• D)try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the left.

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Definitions:

Prototype

An original model or first form of something from which later versions are developed or copied.

Higher-order Conditioning

A learning process in which a conditioned stimulus is paired with a new neutral stimulus, creating a second (often weaker) conditioned stimulus.

Secondary Reinforcers

Stimuli that have become reinforcing through association with primary reinforcers; they do not satisfy biological needs but often hold value, such as money or praise.

Concepts

General ideas or understandings that can be used to group together objects, events, qualities, or abstractions that are similar in some way.