The School of Economic Thought That Emphasized the Importance of Incentives

question 122

Short Answer

The school of economic thought that emphasized the importance of incentives to encourage savings,investment,and productivity is known as ________ economics.

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Definitions:

Saccadic Eye Movements

Rapid, jerky movements of the eyes used in scanning the visual environment, shifting gaze quickly from one point to another.

Relearn

To relearn is to learn information or skills that one had learned previously but has forgotten or needs to recall.

Implicit Memory

Memory that is not consciously recalled but influences behaviors or thought processes.

Prospective Memory

The aspect of memory that involves remembering to perform a planned action or recall a planned intention at some future point in time.