List and Define Any Two of the Costs of High

question 39

Essay

List and define any two of the costs of high inflation.

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Definitions:

Variable-Ratio Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable number of responses, making the reward random.

Fixed-Ratio

A type of reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses have occurred.

Discriminative Stimulus

In behavioral psychology, a stimulus that signals the availability of reinforcement or punishment, guiding the organism's responses.

Reinforcer

Something that increases the likelihood of a behaviour by either presenting a positive stimulus or removing a negative one following the behaviour.