Real GDP Will Increase Over the Long Run If

question 179

Multiple Choice

Real GDP will increase over the long run if

• A) prices continually go up.
• B) the long-run aggregate supply curve shifts continually to the right.
• C) the long-run aggregate supply curve shifts continually to the left.
• D) the long-run aggregate demand curve shifts continually to the left.

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Definitions:

Biologically Primed

The concept that certain behaviors or responses are innately predisposed due to evolutionary history.

Acquired Fears

Fears that are developed after birth as a result of personal experiences or learning, rather than being innate.

Behavior Modification

A therapeutic approach that seeks to change undesirable behaviors through the use of reinforcement and punishment.

Conditioning Techniques

Methods used in behavioral psychology to teach or modify behaviors through the use of rewards or punishments.