The Market Value of All Final Goods and Services Produced

question 33

Multiple Choice

The market value of all final goods and services produced within an economy in a given period is called:

• A) industrial production.
• B) gross domestic product.
• C) the GDP deflator.
• D) general durable purchases.

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Definitions:

Secondary Reinforcement

A type of reinforcement that has acquired its reinforcing properties through association with primary reinforcers, such as money or praise.

Variable-Interval Schedule

A type of reinforcement schedule where reinforcements are provided at unpredictable time intervals, promoting steady response rates.

Postreinforcement Pause

A moment of no response or inactivity that occurs just after reinforcement in a fixed-interval schedule of reinforcement in operant conditioning.

Fixed Ratio Schedule

A reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses, promoting a high and steady rate of responding.