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Thorndike's Studies with Cats Led Him to State That Behavior

question 69

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Thorndike's studies with cats led him to state that behavior that leads to a "satisfying state of affairs" is likely to occur again, whereas behavior that leads to an "annoying state of affairs" is not likely to occur again.This principle is known as


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Securitization

The process of transforming illiquid assets into a tradable form by converting them into securities.

Private Equity

Capital investments made into companies that are not publicly traded, often to finance growth, acquisitions, or restructuring.

Dodd-Frank Reform Act

A comprehensive piece of financial regulation passed in 2010 in the United States, aimed at preventing the recurrence of financial crises through increased regulation.

Capital Requirements

The minimum amount of capital a bank or other financial institution must hold as required by its financial regulator.

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