If Peyton Manning,a Professional Football Player,wanted to Remember His 16-Digit

question 33

Multiple Choice

If Peyton Manning,a professional football player,wanted to remember his 16-digit credit card number,which of the following memory techniques would you recommend?

• A)He should think of the numbers as a sequence of football statistics.
• B)He should picture each of the numbers in his head printed in a bright color.
• C)He should first memorize a few other sequences of 16 digits to gain some practice.
• D)He should visualize the front of his credit card showing a picture of him dribbling a basketball.

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Definitions:

Indifference Map

A graph representing a set of indifference curves to illustrate consumer preferences for different combinations of goods, assuming equal satisfaction.

Total Utility

The total satisfaction received from consuming a particular quantity of goods or services.

Money Income

The complete sum of money earned by an individual or a household that includes earnings from work, salaries, and additional income sources.

Budget Line

A graphical depiction of all possible combinations of two goods that can be purchased with a given budget and prices.