The Fact That It Is Easier to Recall Items at the Beginning

question 34

Multiple Choice

The fact that it is easier to recall items at the beginning and end of a list of unrelated items is known as the ________.

• A) phi phenomenon
• B) implicit memory effect
• C) serial position effect
• D) sequestering effect

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Definitions:

Natural Rate

Often referred to in the context of unemployment, it is the long-term rate of unemployment that an economy experiences even when it is operating at a full capacity.

Natural Rate

The long-term unemployment rate that is observed once the effect of short-term cyclical factors has been removed and is thought to be due to structural factors in the economy.

Bureau of Labor Statistics

A government agency that collects, analyzes, and disseminates essential economic information to support public and private decision-making.

Natural Rate

The rate of any economic variable, such as unemployment or interest, believed to be inherent when the economy is in equilibrium.