Examlex
The interest rate parity condition ignores expected changes in relative productivity.
Psychology
The scientific study of the human mind and its functions, especially those affecting behavior in a given context.
Behavior
The actions or reactions of an organism or system, usually in response to stimuli in their environment.
Modern Psychology
The scientific study of the mind and behavior, incorporating contemporary theories and methodologies to understand psychological phenomena.
Wilhelm Wundt
Recognized as the father of experimental psychology, he established the first psychology laboratory in Leipzig, Germany, in 1879, marking the formal beginning of psychology as a scientific discipline.
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