The answer is: c. classical conditioning
In a classical conditioning, a certain behavior is learned by associating a certain stimulus with either positive or negative response.
For examples, let's say that every time the pets heard the sound electric can opener, the pets would immediately receive their food from their owners.
In the long run, the pets would associate the sound of the electric opener with the positive reward (in the form of food). This make the pets become most likely to experience biological response (such as watering mouth) every time they hear the electric opener.
The correct answer would be option C, Self Interest. Economist assume that an individual acts as if motivated by Self Interest.
Explanation:
The concept of motivation by self interest is given by Mr Adam Smith. He was the great economist and the philosopher. He belonged to Scotland and is considered as the pioneer of the Political economy. He is also remembered or known as the Father of Economics.
According to Adam and some more economists, an individual acts if he is motivated by self interest. It means that if someone has some personal interest in anything, he is more likely to be motivated for achieving that. According to economists, this motivation is necessary as it builds competition and acts as an important economic Force. The regulator of economic activity is Competition, and the competition is best achieved when a person is fully motivated, and a person is fully motivated when he has some personal interest in that task.
When people have their own interests and want to make money, they try to make the society or economy better as a whole.
Learn more about economies at:
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Answer: Dodd-Frank Act
Explanation:
The Dodd-Frank act is basically enacted into the law form and it is one of the financial legislative reform which is passed by the Obama administration in the year 2010 in the form of financial crisis response.
The main aim of the Dodd-Frank act is that it protecting the rules of the customers by keeping buyers from the given abusive lending.
The Dodd-Frank act basically contain the hundred pages and it also include the sixteen areas.
Therefore, Dodd-Frank act is the correct answer.
