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Open Market Operations Alter the Money Supply by ________

question 23

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Open market operations alter the money supply by ________.


Definitions:

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, leading to a high and steady rate of response.

Fixed-Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, leading to a pattern of responses.

Primary

In psychology, often refers to primary reinforcers or stimuli, which are innately satisfying or desirable without learning.

Secondary

In psychology, refers to stimuli or reinforcers that acquire their effectiveness through association with primary reinforcers.

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