The Consumption Use of Goods and Services Poverty Rate

question 56

Multiple Choice

The consumption use of goods and services poverty rate:

• A) adjusts income for taxes and subsidies.
• B) accounts for in-kind benefit programs such as food stamps and housing subsidies.
• C) accounts for inflation in the consumer market basket of goods.
• D) suggests a budget for households.

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Definitions:

Depth-Of-Processing

A theory that suggests the depth to which information is thought about affects how well it is remembered; deeper processing results in better long-term memory retention.

Memory Traces

Theoretical concepts representing the physical basis of memory, or how memories are stored within the brain.

Maintenance Rehearsal

Mechanical repetition of material without thinking about its meaning or patterns.

Primacy Effect

A cognitive bias that results in the tendency to remember information that was encountered first better than information that was presented later on.