A One-Time Increase in the Price Level

question 28

Multiple Choice

A one-time increase in the price level

• A)is rarely reported by the news media as inflation,but is nevertheless considered to be inflation by economists.
• B)is regularly reported by the news media as inflation,but is not considered to be inflation by economists.
• C)is rarely reported by the news media as inflation because it is not considered to be inflation by economists.
• D)is regularly reported by the news media as inflation because it is considered to be inflation by economists.

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited only by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus

An initially neutral signal that, once paired with an unconditioned stimulus, ultimately leads to eliciting a conditioned response.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Immune Response

The bodily system's defense mechanism against pathogens, including the processes of identifying and eliminating harmful agents.