Once Formed, Scripts Can

question 51

Multiple Choice

Once formed, scripts can

• A) hinder memory for events that are highly distinctive.
• B) facilitate recall of single occurrences of repeated events.
• C) prevent forgetting of one-time events.
• D) be used to predict what will happen on future similar occasions.

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Definitions:

Good

A material item that can be touched, used, or consumed, which is produced to fulfill wants or needs.

Service

A type of economic activity that is intangible, is not stored, and does not result in ownership; services are produced and consumed at the same time.

Exchange

The act of giving one thing and receiving another in return, often referring to the trade of goods, services, or financial instruments.

Functions Of Money

The core roles money plays in an economy, including serving as a medium of exchange, a unit of account, a store of value, and sometimes, a standard of deferred payment.