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Under a Currency Board System,a Country Commits Itself to Converting

question 59

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Under a currency board system,a country commits itself to converting its currency on demand into another currency at a fixed exchange rate.


Definitions:

Secondary Reinforcement

A process where a stimulus reinforces a behavior after it has been associated with a primary reinforcer.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations of the desired behavior.

Gradual Approximations

A method in behaviorism where complex behaviors are broken down into simpler, achievable steps for learning purposes.

Complex Response

An intricate or multifaceted reaction to stimuli, often involving multiple cognitive and emotional processes.

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