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An Export Subsidy Helps Reduce the Selling Price of a Product

question 153

True/False

An export subsidy helps reduce the selling price of a product by allowing individual producers to charge less and still cover all of their production costs.


Definitions:

Automatic Processing

A type of cognitive processing that occurs automatically, without conscious thought, often as a result of learning and practice.

Explicit Memories

Memories which can be intentionally remembered, including information and happenings.

Implicit Memories

Memories that are not consciously recalled but influence behaviors and skills, such as riding a bicycle or tying shoelaces.

Rehearsal

The cognitive process of repetitively thinking about or practicing an information to aid in its retention and retrieval.

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