Consolidation Loans

question 94

Multiple Choice

Consolidation loans

• A)have the advantage of a single interest rate on the full amount of your selected debts
• B)usually have shorter terms than your initial debts
• C)usually have lower interest rates because you are considered to be a lower risk for the lender
• D)are best used for low or no interest debts
• E)usually pay less overall when you extend the term of payment

---

Definitions:

Primary Reinforcement

A stimulus that satisfies a basic biological need and inherently reinforces a behavior, such as food for hunger.

Continuous Reinforcement

A schedule of reinforcement in which every correct response is reinforced, leading to rapid learning but also rapid extinction of the behavior once reinforcement ceases.

Secondary Reinforcement

A process wherein a stimulus reinforces a behavior because it is associated with a primary reinforcer (e.g., praise that becomes rewarding because it is linked to receiving a physical reward).

Negative Reinforcement

A behavior modification technique that involves the removal of an unpleasant stimulus to increase the likelihood of a desired response.