Our Sensory Systems Act as Data Selection Systems

question 301

Multiple Choice

Our sensory systems act as data selection systems. This means that they

• A)can change one form of energy to another.
• B)transmit information to the brain in the form of codes.
• C)select and analyze information and send only the most important data to the brain.
• D)are only sensitive to a small range of sensations that will require additional interpretation by the brain.

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Definitions:

Open Economy

An economy that engages in international trade, allowing goods, services, and capital to move freely across its borders.

National Saving

National saving is the sum of private and public savings in an economy, essentially the portion of national income that is not spent on consumption or government expenditure.

Consumption

The use of goods and services by households. It includes spending on durable goods, nondurable goods, and services.

Loanable Funds

The market where savers supply funds for loans to borrowers, often illustrated by the supply and demand for loans.