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Most People Cannot Store the Following List of Letters in Short-Term

question 103

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Most people cannot store the following list of letters in short-term memory. G O T O Y O U R B E D R O O M However,if the letters are grouped meaningfully into words,they fit short-term's memory span: Go to your bedroom.This illustrates _________.


Definitions:

External Costs

Costs of an economic activity that are not borne by the parties involved in the transaction but are instead imposed on third parties or the society at large.

Peak Driving

Peak driving refers to periods of high demand for gasoline, often coinciding with certain times of the year like summer holidays, resulting in higher gasoline prices due to increased consumption.

Pollution Rights

Tradable permits allowing the holder to emit a certain amount of pollution, used to control the level of pollutants by setting a market price for emissions.

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