For the Following Questions, Consult the Diagram Below

question 163

Multiple Choice

For the following questions, consult the diagram below.
Figure 15-2
-Refer to Figure 15-2. If the closed economy is at point b, which of the following is the best policy to restore full employment?

• A)increasing the money supply
• B)decreasing government purchases
• C)increasing taxes
• D)selling Canadian dollars

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Definitions:

Edward Tolman

An American psychologist known for his contributions to cognitive psychology, particularly in the study of learning and motivation.

Edward Thorndike

An American psychologist known for his work on the theory of learning based on the idea of connectionism, and for his contribution to educational psychology.

John Watson

An American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior over the study of the mind.

Alfred Bandura

A psychologist known for his work on social cognitive theory and the concept of self-efficacy, as well as his study on observational learning demonstrated through the Bobo doll experiment.