Which of the Following Is the Bank of Canada Implementing

question 124

Multiple Choice

Which of the following is the Bank of Canada implementing when it tightens the money supply by selling government securities or raising interest rates?

• A) fiscal reduction strategy
• B) contractionary policy
• C) retrenchment strategy
• D) shrinkage policy

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Definitions:

Internal State

The condition or situation within an organism or object, often referring to physiological or emotional states not visible externally.

Extinction

The elimination or suppression of a response caused by the discontinuation of reinforcement or the removal of the unconditioned stimulus.

S-R Association

Stands for Stimulus-Response Association, which refers to the connection formed between a specific stimulus and a consequent response in behaviorism.

Guthrie

Edwin Ray Guthrie was a behavioral psychologist known for his theory that learning is a direct association between stimulus and response, occurring in a single trial without reinforcement.