Federal Reserve Open Market Operations, Reserve Requirement Changes, and Discount

question 22

True/False

Federal Reserve open market operations, reserve requirement changes, and discount rate policy first impact the economy in the money market.

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Definitions:

Positive Reinforcement

An increase in future behavior due to the addition of a stimulus immediately following a response.

Good Grades

Academic scores or evaluations indicating a high level of competence or mastery in the subject matter being assessed.

Primary Reinforcer

An innately satisfying stimulus, such as food or drink, which does not require learning to become pleasurable.

Secondary Reinforcer

A stimulus that gains its reinforcing properties through association with a primary reinforcer.