You Just Adopted a Puppy and Want to Teach It

question 195

Multiple Choice

You just adopted a puppy and want to teach it to fetch the newspaper. What approach would

• A) Punish the puppy each time it does not fetch the paper.
• B) Give the puppy a treat each time it gets a little closer to fetching perfectly.
• C) Give the puppy a treat each time it fetches perfectly and not otherwise.
• D) Be patient and understand that behavior shaping occurs naturally over developmental stages.

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Definitions:

Discount

A deduction from the usual cost of something, or the process of determining the present value of future cash flows by adjusting for the time value of money.

Semiannual Coupon

Interest payments made twice a year by a bond issuer to the bondholders.

Current Interest Rates

The interest rate present at the moment in the financial market, affecting loans and savings.

Market Price

represents the current price at which an asset or service can be bought or sold in a marketplace.