The __________ Effect Is the Tendency to Remember Stimuli Later

question 66

Multiple Choice

The __________ effect is the tendency to remember stimuli later in a list,and the __________ effect is the tendency to remember stimuli earlier in a list.

• A)primacy;recency
• B)recency;von Restorff
• C)von Restorff;primacy
• D)recency;primacy

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Definitions:

Price Control

Government-imposed limits on the prices that can be charged for goods and services, typically used to curb inflation or prevent shortages and surpluses.

Price Floor

A government or regulatory minimum price set above the equilibrium price, preventing market forces from reducing prices below that level, often applied to agricultural products.

Price Controls

Government-imposed limits on the prices charged for goods and services in a market, typically to curb inflation or protect consumers.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.