To Guard Against the Uncertainty of the Timing of Receipts

question 13

Multiple Choice

to guard against the uncertainty of the timing of receipts and payments

• A)3 only
• B)1 only
• C)2 only
• D)1 and 2
• E)1 and 3

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Definitions:

Operant Behavior

A type of behavior that is controlled by its consequences, including rewards for positive behavior or penalties for negative behavior.

Respondent Behavior

A behavior that occurs as an automatic response to a certain stimulus.

Unconditioned Response

An automatic reaction to a stimulus that occurs naturally without any prior learning.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, which increases or decreases the likelihood of the behavior being repeated, as conceptualized by B.F. Skinner.