If Aggregate Demand Intersects Aggregate Supply in the Horizontal Range

question 49

Multiple Choice

If aggregate demand intersects aggregate supply in the horizontal range of the aggregate supply curve, then, other things equal, an increase in government spending will:

• A)raise real GDP by the amount indicated by the government spending multiplier and leave the price level unchanged.
• B)lower real GDP by an amount equal to the increased spending and reduce inflation.
• C)raise the price level and leave real GDP unchanged.
• D)raise both real GDP and the price level by a multiple of the initial spending increase.
• E)have no effect on real GDP or the price level, because all private investment will be crowded out.

Understand the concept of habituation and its significance in infant learning.

Identify and describe the various reflexes present in newborns.

Know the stages of sensory and motor development in infants, including color vision and motor milestones.

Recognize the impact of teratogens on prenatal development and their potential long-term effects on children.

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Definitions:

Classical Conditioning

A technique in learning where two stimuli are regularly brought together; a reaction, at the beginning caused by the second stimulus, is in the end caused by the first stimulus alone.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, focusing on improving specific behaviors and understanding the influence of the environment on behavior.

Immediate Reinforcements

Immediate rewards or punishments following a behavior, which increase or decrease the likelihood of that behavior being repeated.

Behavior Modification

The use of empirically demonstrated techniques to improve behavior, often by altering an individual's response to environmental stimuli.