A Perpetuity Differs from an Annuity Because

question 89

Multiple Choice

A perpetuity differs from an annuity because:

• A)perpetuity payments vary with the rate of inflation.
• B)perpetuity payments vary with the market rate of interest.
• C)perpetuity payments are variable while annuity payments are constant.
• D)perpetuity payments never cease.
• E)annuity payments never cease.

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Definitions:

Fixed-Ratio Schedule

A type of reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses have occurred.

Reinforcer

Any stimulus that, when presented after a behavior, increases the likelihood of that behavior being repeated.

Operant Behavior

Behavior that is controlled or influenced by its consequences, including rewards and punishments.

Specific Stimulus

A specific stimulus is a particular environmental factor or event that elicits a response from an organism.