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Other things the same,as the price level rises,
Statistical Reasoning
The process of using statistical methods and principles to analyze, interpret, and draw conclusions from data.
Cognitive Bias
A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.
Anchoring Heuristic
A cognitive bias where an individual relies too heavily on an initial piece of information to make subsequent judgments.
Extrasensory Perception
A claimed ability to gain information through means other than the known human senses.
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