Which Part of Long-Term Memory Is Made Up of Conditioned

question 603

Multiple Choice

Which part of long-term memory is made up of conditioned responses and learned skills?

• A)episodic memory
• B)semantic memory
• C)declarative memory
• D)procedural memory

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Definitions:

Maturity

Is the expiration date of a financial instrument, at which point the principal (or final interest payment) is repaid to the investors.

Coupon Rate

The interest rate per year on a bond, expressed as a fraction of its face value.

Par-Value

The face value of a bond or stock, representing the amount that the issuer agrees to repay at maturity or the nominal value of a share, respectively.

Duration

A measure of the sensitivity of a bond's price to changes in interest rates, essentially a weighted average of the time until cash flows are received.