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Why would time lags between changes in the money supply and its effect on nominal GDP be a factor in measuring the velocity of money? Why would it matter when the velocity o money is measured?
Chunk
In psychology, a unit of information organized in memory, often used to enhance recall through techniques like chunking.
Rehearsal
The practice of repeatedly going over material in one's mind or through behaviors, to strengthen memory or skill.
Hypnosis
A highly relaxed, suggestible state of mind in which a person is likely to feel that his actions and thoughts are happening to him rather than being produced voluntarily.
Retrieval
The process of accessing and bringing into consciousness information stored in memory.
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