The Most Common Type of Macroeconomic Imbalance Is Overly Expansionary

question 88

True/False

The most common type of macroeconomic imbalance is overly expansionary fiscal policies that create large government budget deficits,often financed by a high growth rate of the money supply.

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Definitions:

Variable-Interval

A type of reinforcement schedule in which reinforcements are given to a response at unpredictable time intervals.

Fixed-Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, commonly used in behavior analysis.

Reinforcement

In behavioral psychology, a process that increases the likelihood of a behavior being repeated by applying a stimulus after the behavior is performed.

Self-Actualize

The process of realizing and fulfilling one's own potential and capabilities, often considered the highest level of psychological development in Maslow's hierarchy of needs.