I Social Security, Old-Age Pensions, Many Apartment Leases and Many

question 11

Multiple Choice

i. Social security, old-age pensions, many apartment leases and many labor contracts are tied to the
Change in the CPI.
ii. Millions of employees in automobile, steel and other industries have their wages adjusted upward
When the CPI increases. The specifics are in the management-union contracts. These clauses in the
Contracts are referred to as "cola clauses."
iii. If two or more series of index numbers have the same year as the base period, then they can be
Compared directly.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Social Learning Theory

The view championed by Bandura that human social behaviour is not innate but learnt from appropriate models.

Vicarious Experience

Learning or feeling an emotional response through the experiences of another person, rather than through direct personal experience.

Drying Dishes

The act of removing water from washed dishes, typically using a towel or allowing them to air dry, to make them ready for use.

Direct Reinforcer

An immediate reward given to reinforce a desired behavior.