Fred Is Afraid of Spiders

question 207

Multiple Choice

Fred is afraid of spiders. He won't even watch a nature show on TV about them. When he sees a picture of a spider, he has a panic attack, but when he avoids looking at the image, his panic goes away. Fred's avoidance of spiders is being __________

• A) extinguished, because he feels anxious after doing so.
• B) recovered spontaneously, because he will never get better.
• C) positively reinforced, because he is rewarded by his anxiety going down.
• D) negatively reinforced, because he is rewarded by his anxiety going down.

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Definitions:

Promissory Note

An economic tool comprising a formal pledge by one entity to give a specific amount of money to another, either upon request or at a predetermined future time.

Term Deposit

A type of financial account where money is deposited for a fixed period and a predetermined interest rate, offering higher interest rates than savings accounts but with restricted access to funds.

Simple Interest

A technique for computing interest in which the interest expense is calculated solely on the initial amount of the principal.

Maturity Value

The total amount that will be paid to the investor at the end of a fixed-term investment, including the principal and any accrued interest.