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Regarding procedural memory, which of the following statements is FALSE?
Bounded Rationality
A concept suggesting that individuals make decisions based on the limited information they have and their cognitive limitations.
Problem Identification
The initial step in the problem-solving process that involves recognizing and defining a problem or challenge that needs to be addressed.
Framing
The way information is presented or communicated, which influences how it is perceived and interpreted.
Anchoring Effect
A cognitive bias where individuals rely too heavily on an initial piece of information (the "anchor") when making decisions.
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