The Basic Function of Profits and Losses Is to Allocate

question 174

True/False

The basic function of profits and losses is to allocate society's scarce resources to their highest valued uses.

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Definitions:

Counterconditioning

A behavioral therapy technique used to replace an undesirable response to a stimulus with a desirable response.

Contingency Management

A behavior change technique that reinforces positive behaviors with rewards to increase the likelihood of their occurrence.

Behavioral Activation

Behavioral Activation is a therapy approach that focuses on engaging individuals in activities that are aligned with their values and interests to combat depression.

Biofeedback

A technique that uses electronic monitoring to convey information about physiological processes, allowing individuals to gain control over bodily functions that are normally automatic, such as heart rate.