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The Term Economists Use to Describe a Situation in Which

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The term economists use to describe a situation in which the economy's overall price level is rising is


Definitions:

Reinforcement

A concept in behavioral psychology where a behavior is strengthened or increased by following it with a positive or rewarding stimulus.

Stimulus Discrimination

The ability to differentiate between two or more stimuli, responding only to the one that is conditioned while ignoring the others.

Learned Response

A reaction or behavior that is developed as a result of experience or conditioning.

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli that are similar to the original conditioned stimulus.

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