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Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,an Increase in Households' Expectations of in Households

question 173

Multiple Choice

Figure 15-1
Figure 15-1    -Refer to Figure 15-1.Ceteris paribus,an increase in households' expectations of their future income would be represented by a movement from A)  AD₁ to AD₂. B)  AD₂ to AD₁. C)  point A to point B. D)  point B to point A.
-Refer to Figure 15-1.Ceteris paribus,an increase in households' expectations of their future income would be represented by a movement from


Definitions:

Negative Reinforcement

A behavioral psychology concept where the removal of an unfavorable outcome or stimulus strengthens a desired behavior.

Positive Reinforcement

A reinforcement procedure in which a response is followed by the presentation of, or increase in intensity of, a reinforcing stimulus; as a result, the response becomes stronger or more likely to occur.

Primary Reinforcer

A stimulus that is naturally rewarding, such as food, water, or relief from pain.

Secondary Reinforcer

A stimulus that has become reinforcing through its association with a primary reinforcer, such as money being valued for its ability to purchase food or other basic needs.

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