Pure Capitalism and a Pure Command System Are _____

question 173

Multiple Choice

Pure capitalism and a pure command system are _____

• A) two different ways of answering the basic economic questions.
• B) two terms describing the same method of answering the basic economic questions.
• C) the only two ways of answering the basic economic questions.
• D) the most efficient ways of answering the basic economic questions.
• E) two economic systems where the problem of scarcity does not exist.

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Definitions:

Working Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing.

Phonological Loop

A component of working memory model that deals with auditory information and preserves the order of information.

Declarative Memory

The type of long-term memory that stores facts and events that can be consciously recalled or "declared."

Rehearsal

A cognitive process involving the repetitive review of information to enhance memory retention.