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The Monetary Approach Contends That,under a Fixed Exchange Rate System,an

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The monetary approach contends that,under a fixed exchange rate system,an excess supply of money leads to a trade surplus.


Definitions:

Negative Reinforcement

A behavioral concept where the removal of an unfavorable outcome or stimulus strengthens the likelihood of a particular behavior occurring again.

Reinforcement Strategy

A method used to strengthen desired behavior by rewarding positive outcomes or penalizing negative ones to encourage a specific behavior.

Punishment

A consequence applied to decrease or eliminate an unwanted behavior.

Extinction Strategies

Refers to techniques in behavior management that involve eliminating reinforcement for undesired behaviors, leading to their reduction or elimination over time.

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