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Even Though You Paid Little Attention to and Did Not

question 130

Multiple Choice

Even though you paid little attention to and did not intentionally try to encode how many times your psychology professor has worn a particular shirt, you can recall that he has worn that shirt five times this semester. This type of encoding information without intention is called ____________.


Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

AGI

Adjusted Gross Income is a measure of income calculated from your gross income and used to determine how much of your income is taxable.

Long-term Capital Losses

Financial losses realized from the sale of assets held for more than a year, which can be used to offset capital gains for tax purposes.

Short-term Capital Gains

Profits from the sale of an asset held for a year or less, typically taxed at higher rates than long-term capital gains.

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