If the Economy Is Experiencing an Inflationary GDP Gap,___ Monetary

question 207

Multiple Choice

If the economy is experiencing an inflationary GDP gap,___ monetary policy might be used to ____ aggregate demand and ____ the overall price level.

• A)expansionary;decrease;decrease
• B)expansionary;increase;decrease
• C)contractionary;decrease;decrease
• D)contractionary;decrease;increase
• E)contractionary;increase;increase

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Definitions:

Temporal Conditioning

A form of conditioning in which the passage of time serves as the conditioned stimulus.

Salience

The property of a specific stimulus that allows it to become readily associated with a particular unconditioned stimulus (UCS).

Trace Conditioning

When the conditioned stimulus (CS) is presented and terminated prior to unconditioned stimulus (UCS) onset with this conditioning paradigm.