At the Beginning of the Semester Your History Instructor Announced

question 52

Multiple Choice

At the beginning of the semester your history instructor announced that you will have a test every three weeks until the end of the semester.What schedule of reinforcement was being used?

• A) fixed ratio
• B) fixed interval
• C) variable ratio
• D) variable interval

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Definitions:

Required Reserves

The minimum amount of funds that a bank must hold in reserve against deposit account liabilities, as mandated by the central bank, to ensure bank liquidity.

Demand Deposits

Bank accounts that allow the holder to withdraw funds without advance notice, such as checking accounts.

Required Reserves

The minimum amount of funds that a bank must hold in reserve against specified deposit liabilities, as dictated by the central bank's regulations.

Primary Reserves

Liquid assets held by financial institutions to meet regulatory requirements and immediate liquidity needs.