As Interest Rates Decrease, Present Values __________, and Firms Will

question 3

Multiple Choice

As interest rates decrease, present values __________, and firms will buy __________ capital goods.

• A)increase; fewer
• B)decrease; fewer
• C)increase; more
• D)decrease; more

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Definitions:

Fixed-ratio

A type of partial reinforcement where a response is rewarded only after a specified number of responses, commonly used in behavior modification programs.

Fixed-interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time.

Variable-ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, making it highly effective for maintaining behaviors.

Fixed Interval

Fixed Interval refers to a schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.