Which Factor Is One of the Reasons That the Aggregate

question 259

Multiple Choice

Which factor is one of the reasons that the aggregate demand curve slopes downward?

• A) the paradox of thrift
• B) the interest rate effect
• C) the substitution effect
• D) the income effect

---

Definitions:

Successive Approximation

A method of behavioral training that breaks down a desired behavior into smaller, achievable steps, reinforcing closer and closer approximations to the desired behavior.

Shaping (Also Called)

Also known as method of successive approximations, it is a process in behaviorism used to train a new behavior by rewarding actions that are closer to the desired behavior.

Function Like Machines

To operate in a highly efficient, predictable, or emotionless manner, often without personal autonomy or creativity.

Assess Behavior

The process of evaluating an individual's actions, reactions, and interactions to understand their personality, abilities, or mental health status.