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A Closed Economy Is Where an Economy Does Not Interact

question 6

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A closed economy is where an economy does not interact with other economies in the world.


Definitions:

Stimulus Generalization

The phenomenon where a response to a specific stimulus becomes associated with similar stimuli, resulting in a similar response.

Type I Punishment

A method of behavior modification that involves the application of an aversive stimulus following an unwanted behavior, aimed at decreasing the frequency of that behavior.

Type II Punishment

A form of punishment where a positive stimulus is removed following undesirable behavior to decrease the likelihood of that behavior occurring again.

Positive Reinforcer

A stimulus or event that increases the likelihood of a behavior being repeated when it is presented following that behavior.

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