What Do the Following Examples Represent? Taking Out the Garbage,raising

question 30

Multiple Choice

What do the following examples represent? Taking out the garbage,raising your hand in class,and buckling your seatbelt.

• A)Conformity
• B)Conditioning
• C)Obligations
• D)Obedience

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Definitions:

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.

Incomes

Earnings received by individuals or entities in exchange for labor or investment, including wages, salaries, and profits.

Government Policies

Strategies and actions defined by government bodies designed to influence or guide aspects of the economy or social issues.

Quantity And Prices

The relationship in economics between the quantity of goods available (supply) and the price those goods fetch in the market (demand).