Which of the Following People Is Least Likely to Be

question 187

Multiple Choice

Which of the following people is least likely to be hurt by inflation?

• A) a salesperson who works on commission
• B) a retired couple living on a pension
• C) an individual who enters into a fixed-wage contract for the next three years
• D) an individual who agrees to lend money at a fixed rate of interest for the next three years
• E) an individual working at the minimum wage, which seldom changes

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Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reward or punishment.

Habituation

Getting used to something in the environment and not responding as strongly anymore.

Systematic Desensitization

A treatment for phobias that attempts to reduce fear in many small steps by associating the feared thing with calmness.

Variable-Ratio Reinforcement

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, promoting a high and steady response rate.