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If the multiplier is 6 and if there is no crowding-out effect,then a $60 billion increase in government expenditures causes aggregate demand to
40-hour Work Week
The standard full-time working hours agreement, typically spread across five days of the week.
Paid
Receiving money or other forms of compensation in exchange for goods provided or services rendered.
Operant Conditioning
A method of learning that employs rewards and punishments for behavior, emphasizing the effects of consequences on behavior modification.
Extinction
In psychology, the process through which a conditioned response decreases in frequency and eventually disappears.
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