If the Inflation Rate Is 2 Percent and the Real

question 137

Multiple Choice

If the inflation rate is 2 percent and the real interest rate is 7 percent,then the nominal interest rate is

• A)3.5 percent.
• B)5 percent.
• C)9 percent
• D)7 percent.

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Definitions:

Operant Conditioning

A learning paradigm that tailors the intensity of a conduct through positive feedback or negative repercussions.

Shaping

The process of reinforcing successively closer approximations to a desired behavior, used in behavioral training and conditioning.

Delayed Reinforcement

A technique in behavior modification that involves a time delay between the desired response of an organism and the delivery of reward.

Classical Conditioning

An educational approach where two stimuli are persistently paired; the response, initially the result of the second stimulus, eventually becomes the result of the first stimulus alone.