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Suppose a Change in Health Care Laws Increases the Cost

question 129

Multiple Choice

Suppose a change in health care laws increases the cost of hiring an employee.We can expect output in the short run to ________ and output in the long run to ________.


Definitions:

Script

A schema for an event, often containing information about physical features, people, and typical occurrences.

Implicit Memory

Memory that enables people to perform tasks without conscious awareness of these previous experiences.

Episodic Memory System

The episodic memory system is a part of the brain's memory system responsible for storing specific events or episodes that occurred at a particular time and place.

Procedural Memory System

The part of the long-term memory responsible for knowing how to do things, also known as muscle memory.

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