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Refer to the information provided in Figure 15.1 below to answer the questions that follow.
Figure 15.1
-Refer to Figure 15.1.If policy makers decide on a policy at point t3 but it does not affect the economy until period t6,then the policy choice is likely to be
Photographic Memory
A rare ability to recall images, sounds, or objects in great detail after only a few instances of exposure, without using mnemonics.
Classical Conditioning
A type of learning in which we link two or more stimuli; as a result, to illustrate with Pavlov’s classic experiment, the first stimulus (a tone) comes to elicit behavior (drooling) in anticipation of the second stimulus (food).
Implicit Memories
Memories that are not consciously recalled but influence behaviors and knowledge, such as procedural memory for tasks.
Echoic Memory
A subtype of sensory memory that retains auditory information, allowing sounds to be remembered for a short period after they are heard.
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