-Refer to Exhibit 16-4

question 101

Multiple Choice

-Refer to Exhibit 16-4.The economy is initially at point A,in long run equilibrium.A real business cycle would be represented by the following sequence of curve shifts:

• A) SRAS₁ to SRAS₂,then LRAS₁ to LRAS₂.
• B) AD₁ to AD₂,then LRAS₁ to LRAS₂.
• C) LRAS₁ to LRAS₂,then AD₁ to AD₂.
• D) LRAS₁ to LRAS₂,then SRAS₁ to SRAS₂.
• E) none of the above

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.