The Arguments of Friedman and Phelps Would Suggest That Other

question 47

Multiple Choice

The arguments of Friedman and Phelps would suggest that other things the same,a country that pursues a disinflationary policy that the public does not find completely credible

• A)should not see an increase in the unemployment rate even in the short run.
• B)will having rising unemployment for a while,but then return to the natural rate of unemployment.
• C)will have a permanently higher unemployment rate.
• D)None of the above is suggested by the arguments of Friedman and Phelps.

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Definitions:

Operant Conditioning

Modification of behavior strength through the calculated use of either incentives or disciplinary actions.

Token Economy

A system of behavior modification based on the systematic reinforcement of target behavior, using tokens as conditional reinforcers which can be exchanged for rewards.

Applied Behavior Analysis

A therapeutic approach based on the principles of behaviorism that seeks to modify human behaviors, especially as a tool in the treatment of autism and other developmental disorders.

Goody Box

A collection or package of enjoyable or desirable items, often used as a form of reward or gift.