Which Statement Is False

question 107

Multiple Choice

Which statement is false?

• A)Under our economic system,most of the important decisions are made in the market place.
• B)In our economy the price mechanism determines the answers to our three basic questions-what,how,and for whom.
• C)Most economists would agree that the price system leads to a very efficient allocation of resources.
• D)None of these statements are false.

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Definitions:

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without needing prior learning.

Spontaneous Recovery

The return of a conditioned response that had vanished, following a pause where the conditioned stimulus was not presented.

Classical Conditioning

The conditioning process of repeatedly associating two stimuli together, such that a reaction first brought about by the second stimulus is later brought about by the first stimulus alone.

Misusing Punishment

The incorrect application of punishment that can lead to unwanted consequences, such as reinforcing the undesired behavior it seeks to discourage.