The String of Letters OMGTTYLLOL Would Usually Exceed Our Short-Term

question 92

Multiple Choice

The string of letters OMGTTYLLOL would usually exceed our short-term memory capacity.If we break it into three smaller units of OMG,TTYL,and LOL,though,we can more easily handle all of the same information.This is referred to as ______.

• A)buffering
• B)chunking
• C)retaining
• D)tracing

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Definitions:

Leisure

Time spent away from work and essential activities where individuals engage in recreation or enjoyment.

Planned Economies

Economic systems where the government or a central authority makes all decisions regarding the production and distribution of goods and services, contrasting with market economies.

Problem Of Scarcity

The fundamental economic problem of having seemingly limitless human wants in a world with limited resources, leading to the necessity of making choices.

Microeconomics

A branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.