Which Memory Strategy Is Being Used When a Long Number

question 201

Multiple Choice

Which memory strategy is being used when a long number is memorized by breaking it into manageable subunits each containing three digits?

• A) Chunking
• B) Method of loci
• C) Implicit memory
• D) Rehearsal

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Definitions:

Spot Price

The current market price at which a particular asset, like a commodity or currency, can be bought or sold for immediate delivery.

Wheat Future

A standardized contract traded on futures exchanges to buy or sell a specific amount of wheat at a predetermined price on a specified future date.

Profit

Profit refers to the financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Corn Future

A standardized contract to buy or sell a specified amount of corn at a future date and price, traded on commodities exchanges.