Examlex
If an investor is in the 24 percent federal income tax bracket, which bond is to be preferred?
a. Single A, ten-year corporate bond yielding 6.5%
b. Single A, ten-year municipal bond yielding 3.1%
Fixed-Interval
A schedule of reinforcement where a response is rewarded only after a specified amount of time has elapsed, commonly used in behavioral psychology.
Variable-Ratio
A reinforcement schedule where rewards are given after a random number of responses, encouraging high and steady response rates.
Behavior Modification
Using conditioning to improve behavior.
Operant Conditioning
A method of learning wherein the intensity of an action is altered by either rewards or penalties.
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