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Consider the long-run theory of investment,saving,and growth.For a given level of private saving,an increase in government purchases will likely ________ the economy's long-run growth rate.
Critical Thinking
is the process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.
Cognitive Theories
Theories focusing on the study of mental processes such as perception, memory, thought, and problem solving.
Psychometric Theories
Theories related to the psychological measurement of skills, knowledge, abilities, attitudes, personality traits, and educational achievement.
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.
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