In Less Than Two Years in the Early 1920s,the Cost

question 46

Multiple Choice

In less than two years in the early 1920s,the cost of a German newspaper rose from 0.30 marks to 70,000,000 marks.This is a spectacular example of

• A)market power caused by a change in the country's standard of living.
• B)market power caused by a single firm controlling the newspaper production.
• C)inflation caused by increased productivity in the economy.
• D)inflation caused by an increase in the quantity of money in the economy.

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Definitions:

Appetitive

pertains to or arouses an organism's natural desire or appetite, typically referring to positive or pleasurable stimuli.

Terminal

Often used to describe the final stage of a disease where recovery is not expected, or the end point of an experiment or procedure.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, encouraging the subject to associate behaviors with consequences.

Skinner

B.F. Skinner, an influential American psychologist, known for his work in behaviorism and for developing the theory of operant conditioning.