Which of These Is a Reason a Central Bank Might

question 26

Multiple Choice

Which of these is a reason a central bank might sell its domestic currency?

• A)To help lower the price of imports in the home country
• B)To help exporters in their home country sell goods overseas
• C)To speculate, using all available market information, to make a profit
• D)To discourage excessive tourism in the home country

Analyze how the conditions and consequences of actions affect behavior through classical and operant conditioning.

Differentiate between classical and operant conditioning based on the contingencies of reinforcement.

Recognize the effects of punishment and how its effectiveness can be influenced by various factors.

Understand the application of behavioral principles to real-life situations, such as sleep and child discipline.

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Definitions:

Deming

Refers to W. Edwards Deming, an engineer, statistician, and management consultant known for his work in quality management and productivity improvement.

Autocratic Organizations

Organizations characterized by centralized decision-making, where control is exercised by a single leader, leading to quicker decision-making but potentially lower employee morale.

Deming Management

A comprehensive management approach proposed by W. Edwards Deming, focusing on quality improvement, increased productivity, reduced costs, and customer satisfaction through statistical methods.

Everyone's Job

A principle suggesting that a specific task or responsibility is shared among all members of a group or organization.