A Big Increase in Government Spending Is an Example of a ________

question 14

Multiple Choice

A big increase in government spending is an example of a ________.

• A) positive demand shock
• B) positive supply shock
• C) negative demand shock
• D) negative supply shock

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Definitions:

Stimulus Material

Items or media used to evoke responses in subjects during psychological experiments or assessments.

Hermann Ebbinghaus

A German psychologist who is best known for his pioneering work on memory and the forgetting curve.

George Miller

A cognitive psychologist best known for his theory on the limits of short-term memory capacity, famously summarized as "seven plus or minus two" chunks of information.

John Watson

An American psychologist who is considered one of the founders of behaviorism, emphasizing the role of environmental factors in shaping behavior.