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Today, Fixed Exchange Rates Are Used Primarily by Small, Developing

question 55

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Today, fixed exchange rates are used primarily by small, developing countries that tie their currencies to a key currency such as the U.S.dollar.


Definitions:

Reinforcement

A process in behavioral psychology that strengthens a behavior by providing a consequence an individual finds rewarding.

Reinforcement

In behavior psychology, it's a stimulus or event that increases the likelihood of the repetition of the behavior it follows.

Variable-Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, used in behaviorist research.

Intermittently

Occurring at irregular intervals; not continuous or steady, often with pauses or breaks in between.

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