When We Say That Economic Fluctuations Are "Irregular and Unpredictable

question 28

Multiple Choice

When we say that economic fluctuations are "irregular and unpredictable," we mean that

• A)the relationship between output and unemployment is erratic and difficult to characterize.
• B)when one macroeconomic variable that measures income or spending is falling,other macroeconomic variables that measure income or spending are likely to be rising.
• C)recessions do not occur at regular intervals.
• D)All of the above are correct.

Understand the principles and applications of behavior therapy.

Identify and describe various techniques used in behavior therapy, such as flooding, systematic desensitization, and counterconditioning.

Recognize the role of cognitive therapy in treating psychological disorders and its focus on changing unproductive ways of thinking.

Differentiate between behavior therapy and cognitive therapy.

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Definitions:

Abram Maslow

Abram Maslow was an American psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology that outlines a five-tier model of human needs.

Physiological

Relating to the branch of biology that deals with the normal functions of living organisms and their parts.

Esteem Needs

According to Abraham Maslow's hierarchy of needs, these are the fourth level of human needs, involving respect, self-esteem, status, recognition, and strength.

Definition of Motivation

The psychological process that gives behavior purpose and direction, often seen as why individuals choose to engage in certain actions.