The World Interest Rate

question 99

Multiple Choice

The world interest rate:

• A) is equal to the domestic interest rate.
• B) makes domestic saving equal to domestic investment.
• C) is the interest rate charged on loans by the World Bank.
• D) is the interest rate prevailing in world financial markets.

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Definitions:

Social Reinforcement

Using positive or negative social cues, like approval or disapproval, to influence and modify behavior.

Law of Effect

A principle stating that behaviors followed by positive outcomes are likely to be repeated, whereas behaviors followed by negative outcomes are not.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, and genetics.

Conditioned Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, elicits a conditioned response.