Business Cycles Vary Greatly in Duration and Intensity

question 186

True/False

Business cycles vary greatly in duration and intensity.

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Definitions:

Priming

A technique in psychology used to train people's memory in both positive and negative ways by presenting them with one stimulus to influence their response to another stimulus.

Encoding

The initial process of converting information into a form that can be stored in memory, involving sensory input being turned into meaningful data.

Implicit Memory

A form of memory that allows us to carry out activities without consciously recalling past encounters.

Explicit Memory

A type of long-term memory that involves the conscious recollection of factual information, previous experiences, and concepts.