Economic Models

question 58

Multiple Choice

Economic models

• A)should be designed so as to capture every detail or interrelationship that exists.
• B)are simplified representations of the real world.
• C)must employ the use of laboratory methods.
• D)All of the above are correct.

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Definitions:

Event-Related Potentials

Brain waves measured by EEG that are the direct result of a specific sensory, cognitive, or motor event, useful in the study of cognitive processes.

Electroencephalogram

A test that measures electrical activity in the brain using small, flat metal discs attached to the scalp.

ERPs

Event-Related Potentials; brain responses that are directly the result of a specific sensory, cognitive, or motor event.

Neural Activity

The electrochemical actions and interactions within and between neurons in the brain and nervous system.