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Related to the Economics in Practice on page 35: In the survey conducted by Esther Duflo and Abhijit Banerjee, the extremely poor were found to consume ________ of their budgets on food compared to people in the United States.
Punishment
A consequence that reduces the probability of a behavior being repeated, often by introducing a negative outcome or removing a positive stimulus.
Reinforcement
A concept in psychology that refers to anything that strengthens a behavior, making it more likely to occur.
Child's Behavior
Refers to the range of actions and mannerisms exhibited by children in response to their environment or internal stimuli.
Negative Reinforcement
A behavioral concept where an unpleasant stimulus is removed following a desired behavior, increasing the likelihood of that behavior being repeated.
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