To Explain the Existence of Excess Capacity, Keynes Argued That

question 279

Multiple Choice

To explain the existence of excess capacity, Keynes argued that

• A) prices and wages are flexible, and eventually markets would go back to equilibrium.
• B) the long run average cost curve should not occur at the full employment level.
• C) the aggregate demand curve can be manipulated by advertising.
• D) prices and wages are inflexible in the downward direction.

Identify and differentiate between the various schedules of reinforcement and their effects on behavior.

Recognize the role of avoidance and escape learning in behavior modification.

Understand the effects of punishment on behavior and its potential long-term impacts.

Explain the interaction between classical and operant conditioning in the learning process.

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Definitions:

Depth Perception

The visual ability to perceive the world in three dimensions (3D) and the distance of an object.

Disparity

The condition or fact of being unequal or different; in social sciences, it often refers to inequality in opportunities and treatment among groups of people.

Retinas

The thin layer of tissue at the back of the eye where light is converted into neural signals sent to the brain.

Gestalt Principle

Psychological concepts that describe how humans tend to organize visual elements into groups or unified wholes when perceiving objects.