One Reason That Governments May Find It Useful to Sponsor

question 29

True/False

One reason that governments may find it useful to sponsor universities and basic research is that to a large extent knowledge is generally a private good.

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Definitions:

Retention

The ability to maintain possession of information or material over time, especially in the context of learning and memory.

Priming

A psychological phenomenon where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance.

Encoding

The initial learning of information; the process by which information is transformed into a representation that can be stored in memory.

Relearning

Acquiring knowledge or skills more quickly in subsequent learning efforts after they have been forgotten or partially lost.