A U.S.-Imposed Quota on Automobiles Would Shift

question 54

Multiple Choice

A U.S.-imposed quota on automobiles would shift

• A)both the demand and supply curves in the market for foreign-currency exchange right.
• B)both the demand and supply curves in the market for foreign-currency exchange right
• C)only the demand curve in the market for foreign-currency exchange right
• D)only the supply curve in the market for foreign-currency exchange right

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Definitions:

Premack Principle

A psychological principle stating that more probable behaviors will reinforce less probable behaviors, suggesting that if a person wants to perform a less desired activity, it can be motivated by the promise of a more desired activity.

Disequilibrium Principle

A concept in developmental psychology suggesting that cognitive growth occurs through processes of assimilation and accommodation, driven by experiences of imbalance or disequilibrium.

Effective Reinforcer

A stimulus that, when presented after a behavior, significantly increases the likelihood of that behavior occurring again in the future.

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes typically leading to a change in beliefs or behaviors to reduce the discomfort.