As a Component of GDP, Consumption Expenditures Refers to Purchases

question 105

True/False

As a component of GDP, consumption expenditures refers to purchases by consumers of currently produced goods and services.

---

Definitions:

Pop Quizzes

Surprise tests given without prior announcement to assess students' knowledge on a particular subject matter.

Successive Approximations

A method in behaviorism used to shape behavior by rewarding actions that are progressively closer to the desired behavior.

Shaping

A method of conditioning whereby successive approximations toward a desired behavior are reinforced, gradually leading to the acquisition of the target behavior.

Primary Reinforcers

Primary reinforcers refer to stimuli that satisfy basic survival needs and do not require learning to become pleasurable or desirable, such as food, water, and warmth.