The Determinants of Aggregate Demand Include the Components of GDP

question 186

True/False

The determinants of aggregate demand include the components of GDP: consumption, investment, government spending, and net exports.

---

Definitions:

Associative Learning

The method through which a person grasps the association between two signals or between an action and its result.

Spontaneous Recovery

The reappearance of a learned response after its apparent extinction, often occurring in the absence of further conditioning.

Acquisition

The process of gaining a new skill, knowledge, behavior, or object through experience, practice, or the act of obtaining.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.