If the Money GDP Is $600 Billion And, on the Average

question 153

Multiple Choice

If the money GDP is $600 billion and, on the average, each dollar is spent three times per year, then the amount of money demanded for transactions purposes:

• A)will be $1800 billion.
• B)will be $600 billion.
• C)will be $200 billion.
• D)cannot be determined from the information given.

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Definitions:

Operant Conditioning

A learning strategy that involves the use of positive reinforcement and consequences for actions.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Negative Reinforcement

A type of operant conditioning that involves the removal of an unpleasant stimulus to increase the likelihood of a behavior being repeated.

Dull His Feelings

"Dull His Feelings" suggests an attempt to numb or suppress one's emotional responses, often through the use of substances or other coping mechanisms.