Three Groups of Professors (From Psychology, Economics, and History) Are

question 15

Multiple Choice

Three groups of professors (from psychology, economics, and history) are in a room, taking part in a human memory experiment. All participants are first shown a list of important psychological concepts (for 5 minutes) and then come back to the lab an hour later to recall the terms as best they can. According to research with the DRM procedure, which group is most likely to make the most false recalls, including items on their recall list that were not initially presented?

• A) the economics professors
• B) the psychology professors
• C) the history professors

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Definitions:

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, and other liquid assets quickly convertible to cash.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money such as savings deposits, money market securities.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Traveler's Checks

A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of its being counter-signed.