Refer to the Information Provided in Figure 11

question 69

Multiple Choice

Refer to the information provided in Figure 11.3 below to answer the questions that follow.
Figure 11.3
-Refer to Figure 11.3.An increase in nominal aggregate output,ceteris paribus,will likely

• A)increase both the equilibrium interest rate and equilibrium money holdings.
• B)decrease the equilibrium interest rate without changing equilibrium money holdings.
• C)increase the equilibrium interest rate without changing equilibrium money holdings.
• D)keep the equilibrium interest constant and increase equilibrium money holdings.

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Definitions:

Positive Punishment

The presentation of a stimulus following a given behavior in order to decrease the frequency of that behavior.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior. Through operant conditioning, an individual makes an association between a particular behavior and a consequence (either a reward or punishment).

Reprimanding

The act of expressing to someone that they have done something wrong, often in a stern or formal manner.

Rude

Exhibiting or having a discourteous or impolite demeanor or behavior, often characterized by a lack of respect for others.