__________Strengthens a Behavior and Increases the Likelihood That It Will

question 77

Multiple Choice

__________strengthens a behavior and increases the likelihood that it will be repeated.

• A)Extinction
• B)Positive reinforcement
• C)Halo effect
• D)Punishment

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Definitions:

Autonomous Consumption

The level of consumption that occurs when income is zero, representing basic necessities that individuals will purchase regardless of their income.

APC

It is defined as the proportion of income that goes into consumption expenses, termed as the Average Propensity to Consume.

Disposable Income

Fiscal assets at households' disposal for spending and saving after income taxes have been subtracted.

Consumption

Households' utilization of both products and services.