If the Short-Run Aggregate Supply Curve Is π =

question 38

Multiple Choice

If the short-run aggregate supply curve is π =
+ 1.2 (Y -
) + ρ,output equals potential output and there is a price shock of minus two,then the inflation rate is ________.

• A)2
• B) - 2
• C)minus 2
• D)minus 2.4
• E)none of the above

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Definitions:

Implicit Motivation

The unconscious drive that influences behaviors and decision-making, often without the individual's aware intent.

Explicit Motivation

A type of motivation that stems from conscious goals, desires, or needs of an individual.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, emphasizing the idea that behavior is influenced by its consequences.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.