Conscious, Intentional Recollection of an Event or of an Item

question 177

Multiple Choice

Conscious, intentional recollection of an event or of an item of information is called:

• A) explicit memory.
• B) implicit memory.
• C) autobiographical memory.
• D) procedural memory.

Understand the effects of constitutional rules and the shortsightedness effect on political decision-making and economic efficiency.

Analyze the rational-ignorance effect and its impact on voter behavior and information acquisition.

Evaluate the role and impact of public choice theory on understanding and improving the efficiency of public sector outcomes.

Understand the motivations and incentives that influence politicians and government officials' behavior within the public choice theory framework.

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Definitions:

Written Notice

A formal, documented communication required in many legal situations to officially inform a party of certain actions or intentions.

Oral Notice

Notification or communication of information conveyed through spoken words rather than written form.

Commercial Illegality

The state of being contrary to the laws governing commerce and business practices.

Commercial Impracticability

A doctrine in contracts law where a party may be relieved from performing under a contract, due to unforeseen and impractical hardships, not within the contemplation of the parties at the time of the contract’s formation.