Assume That Smith Deposits $600 in Currency into Her Checking

question 49

Multiple Choice

Assume that Smith deposits $600 in currency into her checking account in the XYZ Bank. Later that same day, Jones negotiates a loan for $1,200 at the same bank. In what direction and by what amount has the supply of
Money changed?

• A) decreased by $600
• B) increased by $1,800
• C) increased by $600
• D) increased by $1,200

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Definitions:

Variable-Interval Reinforcement

A reinforcement schedule in which rewards are provided after an unpredictable time interval, leading to reasonably steady response rates.

Slot Machines

Gambling devices that generate random combinations of symbols on a dial, offering players the chance to win money based on the alignment of these symbols.

Extinguish

In psychology, to diminish a conditioned response by repeatedly presenting the conditioned stimulus without the unconditioned stimulus.

Negative Reinforcement

A behavioral psychology principle where the removal of an unfavorable outcome or stimulus strengthens a behavior or increases its likelihood of recurrence.