If You Lost $1,000 in Cash in 2000 and Found

question 46

Multiple Choice

If you lost $1,000 in cash in 2000 and found it again in 2009, the real purchasing power of this cash would have changed by

• A)-6.2%
• B)-3.8%
• C)-3.2%
• D)-2.6%
• E)-1.8%

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Definitions:

Episodic Long-term Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences.

Personal Life

Aspects of a person's life that are primarily personal and private, such as relationships, family, and hobbies.

Short-term Memory

A cognitive function that retains a small amount of information for a short period of time, distinct from long-term memory.

Implicit Memory

A type of memory that consists of skills and routines that are performed automatically, without conscious thought.