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Money Will Fail to Serve as a Medium of Exchange

question 114

True/False

Money will fail to serve as a medium of exchange if it ceases to be a store of value.


Definitions:

Unconditioned Stimuli

A stimulus that naturally and automatically triggers a response without any prior learning.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, encouraging the subject to associate certain behaviors with consequences.

Discriminative Stimulus

A stimulus that signals when a particular response is likely to be followed by a certain type of consequence.

Extinguished Stimulus

A stimulus that previously elicited a response but no longer does so after the process of extinction in conditioning.

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