In as much as intelligence is influenced by experience, the elderly have opportunity to acquire and process enormous amounts of information. While short-term memory may be affected by attention and emotions, the corpus of information available to an older adult is substantial, and -- unless they show signs of progressive or absolute deterioration as in dementia -- they tend to be skeptical with a broad base of human behavior available for comparison and contrast. Psychologists suggest that the schemas of older adults tend to solidify, as people tend to look for characteristics and events that support their frame of reference. However, here again, it is important to consider the intellectual capacity and education levels of the individuals, as formal instruction requires a more disciplined, nuanced manner of thinking about the world -- which is reflected in the frames people apply to what they see and what they remember.
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