In 2008, When a Recession Started, the Growth of Government

question 46

Multiple Choice

In 2008, when a recession started, the growth of government expenditures on goods and services doubled compared to its growth in 2007. According to the aggregate demand theories of the business cycle

• A) government expenditure was at least a partial cause of the recession.
• B) government expenditure was not a cause of the recession.
• C) government expenditure was definitely the cause of the recession.
• D) None of the above answers are correct because aggregate demand theories of the business cycle focus only on investment and consumption expenditure.

Recognize the effects of rehearsal and chunking techniques on memory retention.

Define and differentiate between iconic and echoic memory.

Explain the four components of working memory and their relevance to cognitive tasks.

Describe the Brown-Peterson task and its implications for understanding short-term memory.

---

Definitions:

Legal Ability

Refers to the capacity of a party to enter into legally binding contracts and to be held accountable for the commitments made.

Unilateral Contract

A contract where one party makes a promise in exchange for an act by another party, completion of which constitutes acceptance of the contract.

Right to Sue

The legal right of an individual or entity to bring a lawsuit against another party in a court of law.