Assume That Stan Just Received a Promotion and Raise

question 149

Multiple Choice

Assume that Stan just received a promotion and raise.In terms of labor supply, the substitution effect of a higher wage will:

• A)lead him to supply fewer hours of labor.
• B)lead him to supply more hours of labor.
• C)lead him to substitute leisure for work.
• D)lead to a reduction of work time to zero.

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Definitions:

Unconditioned Stimulus

Within the framework of classical conditioning, a stimulus inherently and spontaneously elicits a reaction without the necessity of prior learning.

Negative Punishment

A form of behavioral control that involves the removal of a desirable stimulus following a behavior to decrease the likelihood of that behavior occurring again.

Omission Training

A learning process in which the removal or avoidance of an expected stimulus occurs following a behavior, decreasing the likelihood of that behavior occurring again.

Escape Learning

A form of learning in which an organism acquires a response to terminate an aversive stimulus.