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One of the Four Most Fundamental Factors That Affect the Cost

question 79

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One of the four most fundamental factors that affect the cost of money as discussed in the text is the expected rate of inflation.If inflation is expected to be relatively high,then interest rates will tend to be relatively low,other things held constant.


Definitions:

Positive Reinforcer

A prompt that, once introduced post-behavior, amplifies the chances of the behavior recurring.

Primary Reinforcer

A stimulus that satisfies a basic physiological need and is inherently rewarding without the need for learning.

Conditioned Reinforcer

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, acquires the ability to produce a learned response.

Partial Reinforcement

A conditioning schedule in which a behavior is reinforced only some of the time, leading to a more resistant response to extinction.

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