A Consumer Price Index Is an Example of a Price

question 95

True/False

A consumer price index is an example of a price relative.

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Definitions:

Operant Conditioning

A method of training where behavior is changed by applying rewards or penalties.

Edward Thorndike

An American psychologist who developed the law of effect and conducted significant work in the area of animal learning and behavior.

David Premack

An American psychologist known for his work in the field of animal cognition and for developing the Premack Principle, which involves using a preferred activity to reinforce a less preferred activity.

Visceral Responses

Automatic, instinctive bodily responses to stimuli, typically related to emotions and survival such as fear or hunger, mediated by the autonomic nervous system.