Which of the Following Terms Refers to a Fixed Amount

question 17

Multiple Choice

Which of the following terms refers to a fixed amount of money paid or received at the beginning of every recurring period (i.e. a series of equal lump sums) ?

• A) Future value
• B) Present value
• C) Ordinary annuity
• D) Annuity due

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Definitions:

Partial Reinforcement

A conditioning strategy where a reward is not administered every time the desired behavior is performed, leading to more resistant learned behavior.

Continuous Reinforcement

The reinforcement of each and every correct response.

Negative Reinforcer

is a stimulus whose removal following a behavior increases the likelihood of that behavior being repeated in the future.

Stimulus

Any object, event, or change in the environment that elicits a response from an organism.