An Action That Influences the Environment and Is Maintained by Its

question 59

Multiple Choice

An action that influences the environment and is maintained by its consequences is called

• A) an unconditioned response.
• B) an operant behavior.
• C) a conditioned response.
• D) a respondent behavior.

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Definitions:

National Saving

National saving is the sum of private and public savings in an economy, essentially the portion of national income that is not spent on consumption or government expenditure.

Consumption

The use of goods and services by households. It includes spending on durable goods, nondurable goods, and services.

Loanable Funds

The market where savers supply funds for loans to borrowers, often illustrated by the supply and demand for loans.

Interest Rate

The chunk of a loan taken as interest by the borrower, typically outlined as an annual percentage of the loan's outstanding balance.