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Capital Flight Raises Both a Country's Exchange Rate and Its

question 63

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Capital flight raises both a country's exchange rate and its interest rate.


Definitions:

Variable-Ratio Schedule

In operant conditioning, a reinforcement schedule that reinforces a response after an unpredictable number of responses.

Intermittent Reinforcement

A learning process in which a response is rewarded only part of the time, leading to more resilient behaviors.

Resistance To Extinction

The ability of learned behaviors to persist despite a lack of reinforcement or rewards.

Delayed Reinforcement

The presentation of a reward or punishment after a time delay following the desired or undesired behavior.

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