If Society Wants Aggregate Demand to Increase Without Changes in the Price

question 65

Multiple Choice

If society wants aggregate demand to increase without changes in the price level, then there must be

• A) a gap between full employment and the current level of real GDP and an increase in autonomous spending.
• B) an increase in autonomous spending combined with an increase in the marginal propensity to save.
• C) an increase in autonomous saving so that autonomous investment spending can increase.
• D) an increase in autonomous spending and a horizontal short-run aggregate supply curve.

Differentiate between positive and negative reinforcers.

Identify examples of conditioned reinforcers.

Understand and differentiate between various schedules of reinforcement (fixed-ratio, variable-ratio, fixed-interval, variable-interval).

Recognize the importance and implications of operant conditioning in modifying behavior.

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Definitions:

Symbolic Notation

A system of symbols used to represent numbers, operations, relations, or concepts, especially in mathematics, logic, and computer science.

Symbolic Notation

A system of symbols used to represent numbers, operations, relations, or concepts, often used in mathematics and logic.

Atomic Components

The smallest, indivisible parts or elements that make up a system, reflecting the concept in both physical science (atoms in matter) and logic (basic propositions).

Symbolic Notation

The use of symbols to represent mathematical operations, quantities, or logical operations.