Which Item Below Is the Best Example of an Instance

question 2

Multiple Choice

Which item below is the best example of an instance of long-term memory?

• A) remembering the alphabet and multiplication tables
• B) remembering to pick up a takeout dinner tonight
• C) remembering your dentist appointment next week
• D) remembering to pay your utility bill this month

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Definitions:

Price Index

A statistical measure that examines the weighted average of prices of a basket of consumer goods and services, indicating cost of living changes over time.

Realized Holding Gains

Profits made from the sale of an investment that has increased in value over the time it was held.

FIFO Valuation

A method of inventory valuation where the first items placed in inventory are the first ones sold, standing for First In, First Out.

Recreational Vehicles

Motor vehicles or trailers equipped with living quarters used for recreational purposes like camping or traveling, commonly referred to as RVs.