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What Is Functional Behavioral Assessment (FBA)and How Would a Teacher

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What is functional behavioral assessment (FBA)and how would a teacher use FBA?

Understand the concepts of marginal revenue product (MRP) and marginal product of labor.
Analyze the relationship between technological improvements and labor demand.
Understand the impact of changes in input prices on the demand for substitute inputs.
Calculate the marginal product of labor using given data.

Definitions:

Expansionary Gap

A situation where the actual output of an economy exceeds its potential output, often leading to inflationary pressures.

Recessionary Gap

The situation where an economy's real GDP is less than its potential GDP, leading to underutilization of resources and unemployment.

Short-Run Output

The production level of goods and services in the short term, often under fixed conditions or capacities.

Expected Price Level

The anticipated average price of goods and services in an economy at a future time, influencing consumer and business decisions.

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