Vicarious Extinction Occurs When a Model

question 7

Multiple Choice

Vicarious extinction occurs when a model

• A)behaves without negative consequences.
• B)is subsequently denied reinforcement.
• C)is no longer reinforcing to the observer.
• D)successfully avoids punishment.

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Definitions:

Spot Rate

The current market price used for immediate delivery of a financial instrument or commodity.

Interest Rate

This is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Forward Rate Market

Refers to a financial market that deals with contracts specifying the rate at which currencies, securities, or commodities will be exchanged at a future date.

Spot Rates

The current price at which a particular security, commodity, or currency can be bought or sold for immediate delivery.