The Price Level at the End of 2011 Minus the Price

question 15

Multiple Choice

The price level at the end of 2011 minus the price level at the end of 2010 is the _____ for the year 2011.

• A) inflation rate
• B) change in the price level
• C) change in gross national product
• D) consumer price index

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Definitions:

Punishment

A penalty or negative consequence imposed for disobedience, wrongdoing, or other undesirable behavior.

Positive Reinforcement

A technique in behavior management that involves rewarding a desired behavior, thereby increasing the likelihood that the behavior will occur again.

Negative Reinforcement

A method of increasing the probability of a behavior by removing or avoiding a negative condition or stimulus following the desired behavior.

Extinction

In psychology, the diminishing of a conditioned response, occurring when the reinforcement no longer follows the conditioned stimulus; in biology, the end or dying out of a species.