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Statement I.Compared to 1955,a lower percentage of consumer spending is on nondurable goods today.
Statement II.Compared to 1955,slightly less of a percentage of consumer spending is on durable goods today.
Memory
The cognitive ability to remember and recall previous experiences, events, facts, and impressions.
Negative Reinforcement
A psychological concept where the removal of an unfavorable event or outcome after the display of a behavior increases the likelihood of that behavior being repeated in the future.
Thorndike's Law Of Effect
A psychological principle stating that behaviors followed by satisfying consequences are more likely to be repeated, while those followed by unpleasant consequences are less likely to be repeated.
Skinner's Theory
A theory developed by B.F. Skinner that emphasizes operant conditioning, where behavior is shaped and maintained by its consequences, including reinforcements and punishments.
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