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Under Certain Circumstances, When the Conceptual Representation of an Item

question 37

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Under certain circumstances, when the conceptual representation of an item is activated, there is subsequent difficulty activating the corresponding word form in the mental lexicon, even though other information about the item can be accessed. This phenomenon is called


Definitions:

Sacrifice Ratio

The measure of the decline in annual output required to reduce inflation by one percentage point.

Unemployment Rate

The proportion of the workforce that is unemployed and actively looking for work.

Inflation

Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power over time.

Asset Prices

The monetary value assigned to financial and non-financial assets in the marketplace, including stocks, bonds, real estate, and commodities.

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