The Fed Generally Conducts Open Market Operations in

question 89

Multiple Choice

The Fed generally conducts open market operations in

• A)long-term corporate bond markets.
• B)the federal funds market.
• C)the Treasury securities market.
• D)the commercial paper market.

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Definitions:

Aversive Conditioning

A behavioral technique that involves modifying behavior by associating an undesired behavior with an unpleasant stimulus.

Physical Pain

A distressing sensation and emotional experience associated with actual or potential tissue damage.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Token Economy

A behavioral modification system that uses tokens as a form of positive reinforcement for desirable behaviors, exchangeable for rewards.