On a TV Game Show, You Are Asked Which Way

question 321

Multiple Choice

On a TV game show, you are asked which way Lincoln's head faces on a penny. You are unable to answer correctly, and you lose a large prize. Your memory failure is most likely a result of

• A)the serial position effect.
• B)repression.
• C)encoding failure.
• D)priming.

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Definitions:

Active Policy

A governmental policy that involves direct intervention in the economy, such as adjusting interest rates or spending.

Stimulus Package

A set of government spending policies or tax cuts designed to boost economic activity and stimulate growth during or after a recession.

Unemployment Rate

The ratio of workers in the labor force who are unemployed and on the hunt for a job.

Inflationary Pressure

Situations or conditions that lead to an increase in prices across the economy, possibly reducing the purchasing power of money.