William James Made His Most Important Contributions to Cognitive Psychology

question 22

Multiple Choice

William James made his most important contributions to cognitive psychology in his work on

• A) problem-solving strategies.
• B) memory in everyday life.
• C) complex decision making.
• D) cognitive development in children.

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Definitions:

Net Capital Outflows

The difference between a nation's outflow of capital to foreign countries and its incoming capital from abroad, showing how much a country's residents are investing in foreign assets compared to how much foreigners are investing in the domestic country.

Deficit Change

The amount by which a government, company, or individual's spending exceeds income over a particular period of time.

Exchange Rate

The price of one country's currency expressed in terms of another country's currency.

Net Exports

The difference between a country's total value of exports and its total value of imports. Positive net exports mean a country exports more than it imports, while negative net exports indicate the opposite.