In Changing People's Behaviors to Increase Their Conservation Efforts,the Use

question 20

Multiple Choice

In changing people's behaviors to increase their conservation efforts,the use of energy taxes would increase the amount people pay to use fossil fuels,which would be a real world example of using which of the following?

• A) classical conditioning
• B) latent learning
• C) insight learning
• D) response cost

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Definitions:

Present Value

The determination of today's monetary value for a future cash sum or succession of cash flows, applying a chosen rate of return.

Interest Rate

The portion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Years From Now

A phrase referring to an unspecified point in the future, measured from the current date.

Interest Rate

The cost of borrowing money, usually expressed as a percentage of the total amount loaned.