A Good Example of Closed-End Credit Is

question 180

Multiple Choice

A good example of closed-end credit is:

• A) a credit card issued by a department store.
• B) a credit card issued by VISA or MasterCard.
• C) the use of overdraft protection at a bank.
• D) the use of a cashier's check to pay for a purchase.
• E) a mortgage loan.

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Definitions:

Fixed Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, commonly used in behavior modification.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Delayed Reinforcement

A technique in conditioning where a reward or punishment is given some time after the desired or undirected behavior occurs, which may slow the learning process.

Immediate Reinforcement

the prompt delivery of a reward or consequence following a behavior, which strengthens the likelihood of the behavior being repeated.