Ruben Earned a Salary of $60,000 in 2001 and $80,000

question 71

Multiple Choice

Ruben earned a salary of $60,000 in 2001 and $80,000 in 2006.The consumer price index was 177 in 2001 and 221.25 in 2006.Ruben's 2006 salary in 2001 dollars is

• A)$20,000;thus,Ruben's purchasing power increased between 2001 and 2006.
• B)$20,000;thus,Ruben's purchasing power decreased between 2001 and 2006.
• C)$64,000;thus,Ruben's purchasing power increased between 2001 and 2006.
• D)$64,000;thus,Ruben's purchasing power decreased between 2001 and 2006.

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Definitions:

Expectancies

Beliefs or anticipations about the likelihood of future outcomes, which can influence behavior, motivation, and perceptions.

Classical Conditioning

A learning process that involves creating associations between a naturally occurring stimulus and a previously neutral stimulus.

Conditioned Feeding Responses

Learned responses to food-related stimuli, such as salivation or changes in metabolism, that occur due to classical conditioning.

Unconditional Stimulus

A stimulus that elicits a natural, reflexive response without prior learning or conditioning.