The government has been considering doing away with minting pennies because they are rarely used for purchases (with most people
collecting them or throwing them away). How would an economist best explain this consumer behavior?A. People who use pennies probably are not spending enough money; removing the penny will forcepeople to spend more.B. More people are using credit and debit cards, so they are not in the habit of using monetarychange.C. Prices have increased over time, and it would take far too many pennies to buy anything of value.D. Prices have increased over time, and the opportunity cost of carrying around pennies has fallen
Prices have increased over time, and it would take far too many pennies to buy anything of value
Explanation:
Going by the fact that the value of pennies is fast declining, there is no longer value in holding them; hence the reason most people collecting them are throwing them away.
In china they wanted the population to go down. Therfore making it so each family can only have one child. Most familys wanted to carry on their family name, so they kept the males. Getting rid of the females.
Use this for evidence: https://www.usatoday.com/story/news/factcheck/2021/10/27/fact-check-amazon-boxes-not-sprayed-pesticides-not-harmful-cats/6117264001/
This pattern is referred to as partial reinforcement. It means that the person presenting you with reinforcement is not using its entirety, but rather only a portion is used in order to reinforce you and your actions and thoughts. It might make some of your habits stronger.