If Real GDP Is $13 Trillion and Planned Aggregate Expenditure

question 433

Multiple Choice

If real GDP is $13 trillion and planned aggregate expenditure is $13.5 trillion,inventories will be

• A) below their target and real GDP will increase.
• B) below their target and real GDP will decrease.
• C) above their target and real GDP will decrease.
• D) above their target and real GDP will increase.

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Definitions:

Reinforcement

In psychology, a process in which a behavior is strengthened by the outcome that follows it, either through a positive reinforcement or the removal of a negative stimulus.

Shaping

A method of conditioning by which successive approximations toward a target behavior are reinforced, used in both animal training and therapeutic settings.

Classical Conditioning

Acquiring knowledge when an environmental stimulus is linked to one that naturally exists.

Imitation

The action of copying or mimicking the behaviors, movements, or sounds made by another individual.