Examlex

Solved

If It Took as Many Dollars to Buy Goods in Canada

question 57

Multiple Choice

If it took as many dollars to buy goods in Canada as it did to buy enough currency to buy the same goods in India, the real exchange rate would be computed as how many Indian goods per Canadian goods?


Definitions:

Variable Interval

A reinforcement schedule where rewards are given after unpredictable time intervals, leading to moderate but steady response rates.

Fixed Interval

In operant conditioning, a schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Partial Reinforcement Effect

The typical outcome of a variable ratio of reinforcement in which a slow rate of initial learning is coupled with resistance to extinction.

Continuous Reinforcement

A learning process in which a behavior is rewarded every time it is exhibited, leading to rapid learning.

Related Questions