If You Purchase an Automobile for $20,000 in 2006 and Inflation

question 48

Multiple Choice

If you purchase an automobile for $20,000 in 2006 and inflation is 4 percent, how much would a similar automobile sell for four years from then?

• A) $16,438
• B) $16,454
• C) $24,310
• D) $24,334

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Definitions:

Immediate Reinforcers

Rewards or consequences that follow directly and promptly after a behavior, increasing the likelihood that the behavior will be repeated.

Primary Reinforcer

A directly rewarding stimulus that satisfies basic biological needs, such as food or water.

Spontaneous Recovery

The reappearance of a learned response after its apparent extinction, often occurring in the absence of further conditioning.

Extinct

A term describing a species, family, or larger group of organisms that no longer exists.