Another term for explicit memory is and another term for implicit memory is :

declarative;non-declarative

Explanation:

Explicit memory: In psychology, the term explicit memory is also referred to as declarative memory, and is considered to as a subdivision of the long-term memory. It needs intentional or conscious thoughts in an individual, for example, recalling naming an animal that he or she has seen yesterday.

Implicit memory: In psychology, the term implicit memory is also referred to as non-declarative memory and is one of the subdivisions of the long-term memory that can not be recalled consciously or intentionally by an individual. It helps an individual to perform skills, habits, and automatic behavior, for example, cycling.

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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