What Is the Primary Determinant of a Country's Standard of Living

question 79

Multiple Choice

What is the primary determinant of a country's standard of living?

• A) the ability to reduce foreign competition
• B) the ability to produce goods and services
• C) the total supply of money in the economy
• D) the average age of the country's labour force

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Definitions:

Negative Reinforcement

A behavior modification technique where the removal of an unfavorable outcome or stimulus strengthens or increases the likelihood of a specific response or behavior.

Variable-Interval Schedule

A reinforcement schedule in which the behavior is reinforced after an unpredictable amount of time has passed, creating a steady, consistent response rate.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often used in behaviorist research and theories.

Fixed-Interval

A schedule of reinforcement where a response is rewarded only after a specified amount of time has elapsed, commonly used in behavioral psychology.