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The Desire for Floating-Rate Bonds,and Consequently Their Increased Usage,arose Out

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The desire for floating-rate bonds,and consequently their increased usage,arose out of the experience of the early 1980s,when inflation pushed interest rates up to very high levels.


Definitions:

Fixed-Interval Reinforcement

A reinforcement schedule in which rewards are delivered at consistent, predetermined intervals of time, promoting a pattern of behavior.

Tantrums

Explosive emotional outbursts, often characterized by yelling, crying, and anger, typically seen in children but can occur at any age.

Variable-Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, leading to a high and steady rate of response.

Fixed-Ratio

A reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses.

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