When the Interest Rate Changes

question 55

Multiple Choice

When the interest rate changes,

• A)the demand curve for bonds shifts to the right.
• B)the demand curve for bonds shifts to the left.
• C)the supply curve for bonds shifts to the right.
• D)it is because either the demand or the supply curve has shifted.

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Definitions:

Unpredictable Number

A number whose value cannot be anticipated or determined due to its random or variable nature.

Variable-Ratio Schedule

In operant conditioning, a reinforcement schedule that reinforces a response after an unpredictable number of responses.

Intermittent Reinforcement

A learning process in which a response is rewarded only part of the time, leading to more resilient behaviors.

Resistance To Extinction

The ability of learned behaviors to persist despite a lack of reinforcement or rewards.