How Many Types of Memory Are There

question 27

Multiple Choice

How many types of memory are there?

• A) There are two types: explicit and implicit.
• B) There are four types: working, short-term, long-term, and unretrievable.
• C) Three types exist: episodic, short-term, and long-term.
• D) More study is needed before researchers can answer this question.

---

Definitions:

Variable Life

A type of life insurance policy where the cash value and death benefit vary based on the investment performance of funds chosen by the policyholder.

Universal Life

It's a flexible premium, adjustable life insurance product where the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.

Fixed Death Benefit

Fixed Death Benefit is a guaranteed amount paid to the beneficiaries of a life insurance policy when the insured person passes away.

Variable Life

A type of lifelong insurance policy where both the cash value and the death benefit fluctuate according to the results of investments selected by the person holding the policy.