The phenomenon in which the human brain retains a visual image for a fraction of a second longer than the human eye records is known as

Persistence of vision.

Explanation:

The persistence of vision was described the first time by Peter Mark Roget.

Explain the ability of the retina to maintain an image a third of a second after viewing it, even when the image passed quickly. This allows the brain to analyze and process the image. Due to this process, the visual information is processed continuously, much like a movie, instead of having pauses between images.

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the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.

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