Examlex
__________ is the type of intelligence that involves information-processing abilities such as short-term memory, ability to discern relations between visual stimuli, and speed of synthesizing new information, whereas __________ represents the accumulation of a person's culturally based knowledge, language, and understanding of social conventions.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.
Behavioural Economics
A field of study that examines how psychological, cognitive, emotional, and social factors affect economic decisions and market outcomes.
Economic Decisions
Choices made by individuals, households, or firms regarding the allocation of resources.
Cross-Cultural Variations
The differences in norms, behaviors, beliefs, and practices among cultures around the world.
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