After the End of the Semester, Certain Students Seem to Have

question 150

Multiple Choice

After the end of the semester, certain students seem to have forgotten everything they learned. To find out whether their amnesia is complete or only partial, their professor teaches them the material again to see whether they learn any faster the second time than they did the first time. What kind of memory test is this?

• A) recognition
• B) savings
• C) free recall
• D) cued recall

---

Definitions:

Close Substitute

A good or service that can easily replace another, fulfilling the same need or want, typically affecting consumer choice.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, leading to market equilibrium.

Equilibrium Quantity

The quantity of goods or services supplied and the quantity demanded at which their price is stable, and there is no tendency for it to change unless external factors intervene.

Allocative Efficiency

A state of resource allocation where resources are distributed in accordance with consumer preferences, maximizing overall utility.