Examlex
Explain how an attempt by the government to lower inflation could cause unemployment to increase in the short-run.
Stereotypes
Oversimplified and widely held beliefs about the characteristics of groups of people that can influence individual behavior and expectations.
Lie-Detector Test
A method that attempts to determine if someone is lying by measuring physiological responses such as blood pressure, pulse, and perspiration.
Base-Rate Information
Statistical information that indicates how common a particular trait, behavior, or characteristic is within a given population or context.
Availability Heuristic
A cognitive bias that causes people to overestimate the importance of information that is readily available to them.
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