According to the New Classical Macroeconomists, Each of the Following

question 123

Multiple Choice

According to the new classical macroeconomists, each of the following statements is true EXCEPT

• A) disinflation will be harder to bring about because of the time-inconsistency problem.
• B) policymakers are tempted to deviate from the preannounced policy once the public changes its expectations.
• C) feedback rules are preferred to discretionary rules.
• D) disinflation will be painless if the restrictive policies announced by the government are credible.

Understand the principles of classical conditioning and how it differs from operant conditioning.

Recognize the role of antecedents and consequences in shaping behavior.

Understand the differences between positive and negative reinforcement, and positive and negative punishment.

Learn about stimulus generalization and discrimination.