To Control Creeping Inflation in the Early 1970s, President Richard

question 47

Multiple Choice

To control creeping inflation in the early 1970s, President Richard Nixon

• A) imposed a ninety-day wage and price freeze.
• B) put the United States back on the gold standard.
• C) sought a system of international currency stabilization.
• D) lowered Social Security payments.
• E) pressured the Federal Reserve Board to raise interest rates.

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Definitions:

Desirable Behaviour

Actions or conduct that are considered preferable or appropriate within a given social or organizational context.

Reward

A reward is a benefit or recognition provided to someone for their performance, achievement, or behavior, aiming to motivate and encourage specific actions or outcomes.

Contingent Reinforcement

A form of behavior modification where the delivery of reward or punishment depends on the occurrence of a specific behavior.

Positive Reinforcement

A technique used in behavior management that involves giving a reward to encourage the repetition of a desirable behavior.