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Tracy enjoys reading mystery novels and reads at least two a week. Her mother wants to encourage Tracy's reading and so begins to pay her daughter one dollar for each completed mystery novel. Considering research regarding the extrinsic reinforcement of intrinsically reinforcing activities, we would expect Tracy eventually to:
Standard of Living
The measure of fiscal prosperity, convenience, material assets, and critical needs granted to a select socioeconomic layer or specific geographic territory.
Goods and Services
Physical items (goods) and intangible assistance or work (services) provided to satisfy the needs and wants of consumers.
Total Supply of Money
The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and liquid assets.
Rates of Growth
The rate at which a variable such as output, income, or population expands over a specific period of time, usually expressed as a percentage.
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