Examlex
In the cost approach to value, land value can be estimated by comparing sales of vacant land that are similar to the subject land.
Accurate
Characterized by being correct, precise, and free of errors, often used to describe information, measurements, or performance.
Long-term Memory
A type of memory responsible for the storage of information over an extended period, potentially indefinitely.
Hermann Ebbinghaus
A German psychologist known for his pioneering work in the study of memory, including the discovery of the forgetting curve and the spacing effect.
Forgetting
The loss of information from long-term memory, reflecting a failure in either storing, retaining, or recalling the information.
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