Examlex
Write each of the following words or phrases in the correct column in the table: costs of production, technology, income tax, sales tax, GST, interest rates, transfer payments, level of workers' productivity, cost of imported raw materials, government spending, savings, expectations about inflation, capital stock, level of labour force, a wage award, net exports.
Schema
A cognitive framework or concept that helps organize and interpret information in the brain.
Assimilation
The process of absorbing new information into our existing cognitive frameworks, often discussed in the context of learning and cultural integration.
Accommodation
The process of adjusting or adapting one's cognitive structures to incorporate new information.
Egocentrism
A cognitive characteristic where an individual is unable to understand that others may have different perspectives and feelings from their own.
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