Behavioral Assumptions

question 53

Multiple Choice

Behavioral assumptions

• A)make economic models more complex than if these assumptions were removed
• B)pertain only to consumers
• C)hold all other things constant
• D)are ways to test a hypothesis
• E)describe how individuals are expected to behave

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Definitions:

Proactive Interference

The phenomenon where old memories hinder the recall of newly learned information.

Retroactive Interference

A phenomenon in which newer memories impair the retrieval of older memories stored previously.

Memory Construction

The process of forming and integrating new memories, which involves encoding, storage, and retrieval.

Encoding

The act of turning details into a configuration that allows for storage in memory.