Examlex
When real consumption expenditure is plotted against real disposable income the resulting relationship is
Illusory Correlation
The perception of a relationship between two variables even when no such relationship exists, often due to cognitive bias or selective attention.
Athletic Socks
Socks designed specifically for sports and physical activities, often with added support and moisture-wicking properties to enhance comfort and performance.
Hindsight Bias
The tendency to believe, after learning an outcome, that one would have foreseen it, known also as the "knew-it-all-along" effect.
Naturalistic Observation
A research method involving the systematic observation and recording of behaviors as they occur in their natural environment, without manipulation or control by the researcher.
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