Consider the Following List of Words: Farmer, Cow, Chicken, Barn

question 491

Multiple Choice

Consider the following list of words: farmer, cow, chicken, barn, computer, hay, crop, rooster, pasture, and horse. When attempting to recall this list, people most likely would have little difficulty remembering the word "computer." The increased recall of this word is most likely a result of which of the following?

• A)The serial position effect
• B)The dual coding theory
• C)The encoding specificity principle
• D)Distinctiveness

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Definitions:

External Benefits

Positive effects of a transaction that affect third parties not directly involved in the transaction.

External Costs

Costs that are not borne by the parties involved in an economic transaction but are imposed on other individuals or society at large, such as pollution or congestion.

Coase Theorem

A principle suggesting that if transaction costs are low, private bargains will efficiently resolve the allocation of resources and distribution of goods.

Zoning Ordinance

Legislation that divides an area into zones to specify allowable land uses and regulate building standards, to shape urban growth and land use.