It increases the spending power of consumers and can increase aggregate demand, resulting in a higher economic growth
Traditional economies don't use money or equivalent forms of currency: they're based on a more direct exchange of goods: people offer what they have and negotiate what they want to receive in return.
The supply of labor is the relationship between the quantity of labor supplied and the real, or inflation-adjusted, wage rate when all other influences on worker's plans to work are held constant.
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
In terms of economics, supply refers to the quantity of items that a person or firm offers to the market, which is equivalent to the total amount that they produce at one particular time. For instance, if Apple produces 100 iPhones, then this is the quantity that is sold.
The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things by an auctioneer or agent acting under his or her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
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People high in social dominance orientation tend to support policies that maintain hierarchies. According this fact, the following is true: social dominance orientation reflects the extent to which: people value social hierarchy.
A person high in social dominance <span>is most likely to support a policy, such as tax cuts for the wealthy, that maintains hierarchies.</span>
Answer:
Fading involves gradually decreasing the frequency of reinforcement for "not-exactly-right" behaviors.
Explanation:
Fading occurs as time passes, and a conditioned response is no longer reinforced:
<em>Fading also is known as Extinction occurred as Pavlov's dogs were no longer given food, so even if the sound they associated kept ringing, their saliva stopped in the absence of the food after a while. (which initially reinforced the conditioning) </em>
<em>It means that the operant behavior will not result in the reinforcing consequences and making eventually the conditioned behavior to stop happening. </em>
<em>If for any reason an exctincted behavior reappears again somehow it has gone through fading , it is called resurgence. </em>
