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When the Bank of Canada wants to see an increase in the interest rates, it:
Punishment
A penalty or negative consequence imposed for disobedience, wrongdoing, or other undesirable behavior.
Positive Reinforcement
A technique in behavior management that involves rewarding a desired behavior, thereby increasing the likelihood that the behavior will occur again.
Negative Reinforcement
A method of increasing the probability of a behavior by removing or avoiding a negative condition or stimulus following the desired behavior.
Extinction
In psychology, the diminishing of a conditioned response, occurring when the reinforcement no longer follows the conditioned stimulus; in biology, the end or dying out of a species.
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