Which of the Following Statements Is True

question 32

Multiple Choice

Which of the following statements is true ?

• A)The speculative demand for money at possible interest rates gives the demand for money curve its upward slope.
• B)There is an inverse relationship between the quantity of money demanded and the interest rate.
• C)According to the quantity theory of money, any change in the money supply will have no effect on the price level.
• D)All of these are true.

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Definitions:

Variable-ratio

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, making it highly effective in maintaining behavior.

Fixed-interval

A term in operant conditioning referring to a schedule of reinforcement where a response is rewarded only after a specified amount of time has passed.

Variable-interval

A pattern of reinforcement in which a reward is given after a time period that cannot be predicted has passed.

Partial Schedule

A reinforcement schedule in operant conditioning where a response is only sometimes rewarded, leading to stronger behavioral responses.