To Remember a List of the School Supplies She Needs

question 20

Multiple Choice

To remember a list of the school supplies she needs, Marcy mentally visualizes each item at a certain location in her house. Marcy's tactic best illustrates use of

• A) iconic memory.
• B) the serial position effect.
• C) a mnemonic technique.
• D) the spacing effect.

---

Definitions:

Outdoor Holiday Lighting

Decorative lighting used externally on buildings and in gardens to celebrate holidays, especially festive periods like Christmas.

Supply-Side Market Failure

Situations where the production or supply of a good or service leads to insufficient or excessive production, often due to externalities or lack of competition.

Demand-Side Market Failure

Demand-side market failure occurs when demand curves do not reflect consumers' full willingness to pay for a good or service, often due to externalities or public goods.

Government Failure

Occurs when government intervention in the economy creates inefficiency, leading to an allocation of resources that worsens rather than improves outcomes.