When Applying Equal Total Payments to a Note,with Each Payment

question 2

Essay

When applying equal total payments to a note,with each payment the amount applied to the note principal ____________ while the interest expense for the note _____________.
Answers must appear in this order.

Recognize the role of natural settings in promoting generalization.

Utilize strategies for teaching relevant behaviors that are likely to be reinforced in natural settings.

Explain the importance and methods of planning for generalization.

Understand the concept of social validity and its application in generalization.

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Definitions:

Income Effect

The change in consumers' purchasing power and consequently the quantity demanded of a good or service, prompted by a change in real income.

Opportunity Cost

Missing the chance to profit from several alternative options by deciding on one.

Hourly Wage Rate

The amount of money paid for each hour of work, commonly used to compensate employees in many occupations.

Marginal Utility

The augmented enjoyment or usefulness that comes from the consumption of an additional unit of a product or service.