That would be an example of traditional economy.
Answer:
1. Relative price = $3
2. Increases
3. affects , not affect
Explanation:
As per the data given in the question,
1) The relative price of a paperback novel in 2016 = Maria,s wage ÷ Price of a paperback novel
= $54÷$18
= $3
2) Between 2011 and 2016, the nominal value increases and the real value of Maria's wage remains the same.
3)Monetary neutrality is proposition that the change in the money supply affects the nominal variables but it does not affect the real variables.
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Answer:
B) use the observed data to form a hypothesis about ice cream buying behavior.
Explanation:
The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.
In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.
Rates of operant responding are <u>higher</u> for fixed-ratio than for fixed-interval schedules; they are <u>higher</u> for variable-ratio then for variable-interval schedules.
Rates of operant responding are higher for fixed-ratio because on the interval contingency the higher response rates observed on ratio than on matched interval reward schedules has been assigned to the differential reinforcement of longer inter-response times (IRTs).
In the fixed-ratio schedule, as the ratio increases, resistance to extinction increases. On the other hand, in the fixed-interval schedule, resistance to extinction increases as the interval lengthens in time.
Hence, rates of operant responding are higher for fixed-ratio and for variable-ratio.
To learn more about rates of operant here:
brainly.com/question/28136293
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