Which of the Following Laws States That Behavior That Is

question 49

Multiple Choice

Which of the following laws states that behavior that is followed by positive consequences will likely be repeated?

• A)The law of consequences
• B)The law of repetition
• C)The law of demand
• D)The law of effect
• E)The law of definite proportion

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Definitions:

Current Account Balance

The sum of a country's net income from foreign trade, net current transfers, and net income, often indicating the country's economic health.

Current Account

The section in a nation’s international balance of payments that records its exports and imports of goods and services, its net investment income, and its net transfers.

Investment Income

Income earned from the investment of capital in assets such as stocks, bonds, real estate, or other investment vehicles.

Dollar/Yen Market

The foreign exchange market involving the trading of US dollars and Japanese yen.