Which of the Following Is FALSE

question 122

Multiple Choice

Which of the following is FALSE?

• A)Saving adds to wealth.
• B)Income left after paying taxes can either be consumed or saved.
• C)Saving equals wealth minus consumption expenditure.
• D)Saving is the source of funds used to finance investment.
• E)Saving supplies funds in loan markets, bond markets, and stock markets.

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Definitions:

Primacy Effect

A bias towards better memory retention for items at the start of a list compared to those that come after.

Elaboration Effect

This effect describes how detailed processing and the integration of information into existing knowledge structures enhance memory retention.

Recency Effect

A memory phenomenon where the most recently presented items or experiences are likely remembered best.

Maintenance Effect

The ongoing benefits of a treatment or intervention after the primary treatment period has concluded.