When Total Production Is Greater Than Total Expenditures

question 165

Multiple Choice

When total production is greater than total expenditures,

• A) the economy is in disequilibrium.
• B) there are increases in inventory.
• C) total output will decrease.
• D) all of the above

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Definitions:

Reciprocal Behavior

Behavior that involves responding to another's action with a similar or related action, often related to the principle of reciprocity in social psychology.

Intermittent Reinforcement

A conditioning schedule in which rewards or punishments (reinforcements) are given out irregularly or unpredictably.

Fixed Ratio Schedule

A schedule of reinforcement where a response is rewarded only after a specified number of responses, commonly used in both learning experiments and real-world applications.

Self-Efficacy

refers to an individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.