Which Set of Changes Is Definitely Predicted to Lower Real

question 84

Multiple Choice

Which set of changes is definitely predicted to lower Real GDP in the short run?

• A) Interest rates rise and wage rates fall.
• B) Interest rates rise and there is a beneficial supply shock.
• C) Interest rates rise and labor productivity increases.
• D) Interest rates rise and individuals expect lower (future)incomes.
• E) c and d

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Definitions:

Negative Reinforcement

A behavioral concept where the removal of an undesirable or negative outcome following a behavior increases the likelihood of that behavior being repeated in the future.

Partial Reinforcement Strategy

A conditioning strategy where rewards or consequences are not given every time the desired behavior is performed, making the behavior more resistant to extinction.

Good Report

Good report typically means positive feedback or evaluation about an individual's or organization's performance, conduct, or results.

Model

A simplified representation of a system, theory, or phenomenon, used to explain its behavior under various conditions or to predict its responses.