Ironic Processing Refers To

question 120

Multiple Choice

Ironic processing refers to:

• A)the fact that people find it easier to understand humorous rather than non-humorous information.
• B)the idea that the more we try not to think about something,the more those thoughts enter our mind and distract us from other things.
• C)the phenomenon whereby people's attention is immediately captured by unexpected events in the environment.
• D)an experimental method based on allowing people to free-associate their thoughts.

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Definitions:

Scarcity

The fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Opportunity Cost

Incurring a cost by overlooking the next most advantageous option when making choices.

Investment

The allocation of resources, usually money, into something with the expectation of generating income or profit in the future.

Capital

Assets used in the production of goods and services, such as machinery, buildings, or tools.