Table 24-8 The Table Below Relates to the Economy of Mainland, Where

question 295

Multiple Choice

Table 24-8
The table below relates to the economy of Mainland, where the typical consumer's market basket consists of 2 televisions and 300 hamburgers.
-Refer to Table 24-8. If the base year is 2013, then the economy's inflation rate in 2014 is

• A)11.1 percent.
• B)200 percent.
• C)10 percent.
• D)90 percent.

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Definitions:

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.

Unconditioned Response

An instinctive response to a stimulus that happens automatically, without the need for prior learning or conditioning.

Reflexes

are involuntary and nearly instantaneous movements in response to stimuli, which demonstrate the functioning of the nervous system.

Fixed-ratio Schedule

A reinforcement schedule in operant conditioning where a response is rewarded only after a specified number of responses, promoting a high and steady response rate.