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Suppose an infant is shown the same picture of a cow over and over again. Eventually the infant grows tired of looking at the picture. Now, the infant is shown a picture of an elephant, and she stares intently at this "new" picture. The procedure used in this demonstration would best be considered to be an example of classical conditioning.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.
Normative
Relating to or dealing with norms, especially in the sense of prescribing what ought to be rather than describing what is.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Positive Economic Statement
A factual claim about the world that can be tested and validated, referring to what is, rather than what ought to be.
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