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When Haley States That Inflation by Itself Always Reduces the Real

question 44

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When Haley states that inflation by itself always reduces the real return on her saving,she


Definitions:

Overextension

A linguistic error, common in early language development, where a child applies a word in a broader context than is appropriate.

Functional Fixedness

The tendency to view an object in terms of its name or familiar usage.

Divergent Thinking

A mental approach or technique for producing inventive ideas through the examination of numerous potential answers.

Convergent Thinking

A cognitive process where an individual focuses on finding a single, correct solution to a problem, as opposed to generating multiple solutions.

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