On A(n) _________ Schedule (Abbreviated _________), Reinforcement Is Contingent Upon

question 33

Short Answer

On a(n) _________ schedule (abbreviated _________), reinforcement is contingent upon a varying, unpredictable number of responses. This produces a(n) _________ and _________ rate of response.

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Definitions:

Rational Expectations Theory

A principle that asserts that outcomes will not systematically deviate from what people expected them to be, because individuals use all available information to make forecasts.

Fed

Short for the Federal Reserve System, it's the central banking system of the United States responsible for monetary policy.

Discretionary Fiscal

Fiscal policies involving government spending and taxation that are at the discretion of the government and are used to influence the economy.

Economic Stabilization

Actions by governments or central banks to maintain economic growth, control inflation, and reduce unemployment.