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Systematic Errors
Errors that are consistent and repeatable, often due to flaws in the measurement system or experiment design, affecting the accuracy of results.
Stable Preferences
The assumption in economic theory that consumers' tastes, preferences, and choices remain constant over time.
Behavioral Economics
A field of economics that examines how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions.
Cash Registers
Mechanical or electronic devices used in shops to calculate and record sales transactions, and to store money.
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