Which of the Following Is Most Commonly Used to Monitor

question 3

Multiple Choice

Which of the following is most commonly used to monitor short-run changes in economic activity?

• A)the inflation rate.
• B)real GDP.
• C)interest rates.
• D)value of the U.S.dollar in the foreign exchange market.

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Definitions:

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus following a desired behavior increases the likelihood of that behavior being repeated.

Escape

The act of getting away from a place or situation, often used in the context of avoiding or coping with negative circumstances or feelings.

Unpleasant

Causing discomfort, unhappiness, or revulsion; not enjoyable or pleasant.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.