The Costs Imposed by Inflation Should Be Lessened in the Future

question 23

Multiple Choice

The costs imposed by inflation should be lessened in the future because of the following reform that took place during the early 1980s

• A)airline deregulation.
• B)issuance of indexed government bonds.
• C)changing tax laws to ensure that savers are taxed only on real,rather than nominal capital gains.
• D)lifting of limits on interest paid on checking and savings accounts.

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Definitions:

Secondary Reinforcer

A stimulus that becomes reinforcing through its association with a primary reinforcer, meaning it is not naturally rewarding.

Shaping

A process in behavioral psychology involving the reinforcement of closer and closer approximations of a desired behavior.

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond appropriately to each.

Variable-Ratio Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable number of responses, making it highly effective for maintaining consistent behavior.