Examlex
Frederic Bartlett conceptualized memory as a photographic representation of a past experience.
Government Securities
Financial instruments issued by a government to raise funds from investors, typically featuring lower risk and fixed interest payments.
Discount Rate
The interest rate charged by central banks to commercial banks for short-term loans.
Expansionary policy
Economic policies aimed at increasing the supply of money or reducing taxation to stimulate economic growth, typically undertaken during a recession.
Contractionary Policy
Economic policies intended to reduce spending and slow down inflation, often through increased interest rates or reduced government spending.
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