You Want to Borrow $1,000 at an Interest Rate of 10%.The

question 78

Multiple Choice

You want to borrow $1,000 at an interest rate of 10%.The most expensive method of calculating the dollar cost of the interest on this installment loan will be the

• A)add-on method.
• B)double-declining balance method.
• C)discount method.
• D)simple interest method.
• E)past-due balance method.

Differentiate between various schedules of reinforcement and their outcomes.

Apply the Premack principle in different scenarios.

Recognize the role of punishment in shaping behavior.

Understand the concepts of positive reinforcement and negative reinforcement.

---

Definitions:

Self-actualization

Self-actualization is the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Sensation Seeker

Someone who needs more arousal than the average person.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with increased cognitive activity and physical readiness.