Consumption Spending Includes Spending on

question 168

Multiple Choice

Consumption spending includes spending on

• A) durables,nondurables,and services.
• B) stocks,bonds,and other financial instruments.
• C) capital goods,residential housing,and changes in inventories.
• D) goods and services by federal,provincial,and local governments.
• E) goods and services sold abroad minus goods and services produced abroad.

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Definitions:

Skinner Box

An experimental apparatus developed by B.F. Skinner for studying behavioral conditioning in animals, typically through rewards and punishments.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, influencing the likelihood of that behavior being repeated.

Operant Conditioning

A training technique that adjusts the level of a behavior through positive reinforcement or negative punishment.

Behavior Consequences

Refers to the outcomes or results that follow an individual's behavior, which can influence future behaviors through reinforcement or punishment.