In the Short Run, ________ Determines Output, and in the Long

question 107

Multiple Choice

In the short run, ________ determines output, and in the long run ________ determines output.

• A)potential output; prices
• B)potential output; total spending
• C)total spending; potential output
• D)total spending; prices

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Definitions:

Spontaneous Recovery

The return of a previously eliminated conditioned response following a break from being exposed to the conditioned stimulus.

Avoidance

A behavior aimed at preventing unpleasant situations or outcomes.

Stimulus Generalization

The tendency for the conditioned response to be evoked by stimuli that are similar to the stimulus that was conditioned originally.

Conditioned Stimulus

A stimulus that was neutral but, after being paired with an unconditioned stimulus, begins to provoke a conditioned response.