Everything Else Held Constant,a Decrease in Marginal Tax Rates Would

question 49

Multiple Choice

Everything else held constant,a decrease in marginal tax rates would likely have the effect of ________ the demand for municipal bonds,and ________ the demand for U.S. government bonds.

• A)increasing;increasing
• B)increasing;decreasing
• C)decreasing;increasing
• D)decreasing;decreasing

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Definitions:

Extinction

The weakening and eventual disappearance of a learned response; in classical conditioning, it occurs when the conditioned stimulus is no longer paired with the unconditioned stimulus; in operant conditioning, it occurs when a response is no longer followed by a reinforcer.

Conditioned Response

A learned reaction to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Spontaneous Recovery

The reappearance of a learned response after its apparent extinction.

Negative Punishment

A behavior modification technique where a desirable stimulus is removed following an unwanted behavior, with the aim of decreasing that behavior.