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​When an Individual Accumulates a Specified Number of Tokens in a Token

question 11

Multiple Choice

​When an individual accumulates a specified number of tokens in a token economy,the tokens are exchanged for ____________ reinforcers.


Definitions:

Unamortized Discount

The portion of a bond discount that has yet to be expensed in the income statement over the bond's life.

Gain

Refers to the profit earned from the sale of an asset or investment for more than its purchase cost, excluding income from the primary business activities.

Redeemed

The process of exchanging a financial security or voucher for cash, goods, or services.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified call price, often to take advantage of declining interest rates.

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