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According to the Serial-Position Effect,if You Are Shown a List

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According to the serial-position effect,if you are shown a list of items and then asked to immediately recall them


Definitions:

Adaptive Expectations

A theory assuming people form their expectations about the future based on past experiences and adjust them as new information becomes available.

Rational Expectations

A theory suggesting that individuals form future expectations based on all available information, including predictions about monetary and fiscal policies.

Monetary

Relating to money or currency, especially the management of money supply and interest rates by a government.

Supply-Side

Economic policies or conditions focused on increasing the supply of goods and services, typically involving tax cuts or incentives for producers.

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