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The Financial Crisis and Recession That Started in the U

question 96

Essay

The financial crisis and recession that started in the U.S.in 2008 spread worldwide rapidly.Explain what government and Bank of Canada could do in response to recession,and comment on the fiscal and the monetary policies conducted in Canada.


Definitions:

Shaping Procedure

A method of positive reinforcement of behavior by which successive approximations of a desired behavior are reinforced.

Primary Reinforcer

An innately reinforcing stimulus, such as one that satisfies a biological need.

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer; also known as a secondary reinforcer.

Toilet Training

The process of teaching a young child to control their bladder and bowel movements and to use the toilet for elimination.

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