Unlearned, Characteristic Patterns of Responding That Are Controlled by Specific

question 177

Multiple Choice

Unlearned, characteristic patterns of responding that are controlled by specific triggering stimuli are called:

• A)drives
• B)emotions
• C)instincts
• D)conditioned responses

---

Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, including all interest payments and the repayment of principal.

Modified Duration

Macaulay’s duration divided by 1 + yield to maturity. Measures interest rate sensitivity of bonds.

Macaulay Duration

A measure of the weighted average time until all cash flows from a bond are received, used to gauge a bond's interest rate sensitivity.