Deciding What the Distribution of Income Should Be Is an Example

question 24

True/False

Deciding what the distribution of income should be is an example of normative economics.

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Definitions:

Gate-Control Theory

A theory that suggests that the spinal cord contains a neurological "gate" that either blocks pain signals or allows them to continue on to the brain.

McGurk Effect

A perceptual phenomenon demonstrating an interaction between hearing and vision in speech perception where visual information affects what we hear.

Volley Principle

A theory related to auditory processing, stating that sounds are perceived by the combined efforts of neurons firing in sequence.

Top-Down Processing

Top-down processing is the cognitive process that initiates with our thoughts, which flow down to lower-level functions, such as the senses.