Gracie Helps Her Mother Set the Table for Dinner Without

question 70

Multiple Choice

Gracie helps her mother set the table for dinner without being asked. She lays out napkins and silverware, places the plates in their correct spots, and puts ice in all of the glasses. When her mother realizes that she has done this, she gives Gracie a big hug, thanks her repeatedly, and later gives her a little extra dessert as a treat. In learning theory, we would say that Gracie's behavior has been:

• A) ​punished.
• B) ​extinguished.​
• C) reinforced.​
• D) differentiated.

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Definitions:

Callable Bond

A type of bond that gives the issuer the right to repay the bond before the maturity date.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually.

Convertible Bonds

Corporate bonds that have a provision that they may be converted to a designated number of shares or to a designated value of the corporation’s stock.

Face Value

The dollar amount written on a note; it is the same as the amount borrowed, or the principal. With regard to corporate and government bonds, the amount that will be paid to the holder when a bond is redeemed at maturity.