The Neoclassical Synthesis

question 35

Multiple Choice

The neoclassical synthesis

• A)was a name coined by Keynes himself for his new theories.
• B)rejected virtually all of Keynes' insights.
• C)held that econometric models of the economy could not be used to predict the future.
• D)held that economy always operated at or very near the natural rate of unemployment.
• E) was the dominant school of thought among economists in the 1950s and 1960s.

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Definitions:

Reinforcement Given

In behavioral psychology, a stimulus or reward that follows a behavior and increases the likelihood of that behavior being repeated.

Variable Time Interval

A scheduling method in operant conditioning where reinforcements are given after varying time intervals.

Variable Number

A quantity or element that may vary or change within the context of a situation or experiment.

Stimulus Discrimination

The learned ability to respond differently to similar stimuli based on their differences, significant in the context of conditioning.