In the 1950s, James Olds Used Electrical Stimulation on the Brains

question 62

Multiple Choice

In the 1950s, James Olds used electrical stimulation on the brains of rats and discovered

• A)the aggressive center of the brain.
• B)the pleasure center of the brain.
• C)that rats did not like to have their brains electrically stimulated.
• D)that rats had no brains.

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Definitions:

Risk-Free Asset

An investment that is expected to return its principal and interest without any loss or risk of default, typically represented by government bonds.

Strike Price

The Strike Price is the predetermined price at which the holder of an option can buy (in a call option) or sell (in a put option) the underlying asset.

Black-Scholes Option Pricing Model

A mathematical model used to price European call and put options by calculating the option's expected payoff at expiration.

Strike Price

The specified price at which the holder of an option contract can buy (in case of a call option) or sell (in case of a put option) the underlying security.