The Process of Converting the Deliberate Use of Declarative Knowledge

question 65

Multiple Choice

The process of converting the deliberate use of declarative knowledge into pattern-driven recognition is called:

• A) proceduralization.
• B) recognition by components.
• C) metacognition.
• D) serial processing.

Recognize the difference between the law of demand and the concept of cost in production.

Identify factors leading to changes in supply and demand, including government interventions like taxes and subsidies.

Understand market efficiency, including allocative and productive efficiencies, and the conditions under which they are achieved.

Distinguish between substitute and complementary goods, and normal and inferior goods.

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Definitions:

Semantic Memory

A type of long-term memory that involves the storage of factual information, concepts, and knowledge about the external world.

Episodic Memory

A subtype of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Declarative Memory

A type of long-term memory responsible for storing information that can be consciously recalled, such as facts and events.

Procedural Memory

The type of memory responsible for knowing how to do things, also known as muscle memory.