The Aggregate Supply Curve Is Drawn With

question 179

Multiple Choice

The aggregate supply curve is drawn with:

• A)the price level on the vertical axis and real GDP on the horizontal.
• B)the price level on the vertical axis and nominal GDP on the horizontal.
• C)nominal GDP on the vertical axis and real GDP on the horizontal.
• D)real GDP on the horizontal axis and the rate of unemployment on the vertical.

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Definitions:

Skinnerian Principles

Behavioral principles based on the work of B.F. Skinner, emphasizing the effects of reinforcement and punishment on behavior.

Aggressive Behavior

Actions meant to harm or intimidate others, driven by feelings of anger and hostility.

Negative Reinforcement

A behavioral principle where the removal of an undesirable or unpleasant outcome after the display of a behavior increases the likelihood of the behavior being repeated in the future.

Partial-reinforcement Effect

A phenomenon in which behaviors are more resistant to extinction when only occasionally reinforced, rather than consistently.