One Finding That Supports the Idea That Information in Working

question 43

Multiple Choice

One finding that supports the idea that information in working memory is represented by an acoustic (auditory) code rather than a semantic (meaning-based) code is that when participants are given a list of words to learn and then are immediately tested for recall, performance is ______ when the list contains items that are similar in _______.

• A)worse; meaning
• B)better; meaning
• C)worse; sound
• D)better; sound

---

Definitions:

Matching Contribution

A contribution to a retirement plan, for instance, where an employer matches the employee's contribution up to a certain percentage.

Financial Well-Being

A state of being wherein an individual or family has control over their finances, can absorb a financial shock, is on track to meet financial goals, and has financial freedom to make choices that allow them to enjoy life.

Prospect Theory

Prospect Theory is a behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are unknown.

Status Quo Bias

The tendency most people have when making choices to select any option that is presented as the default (status quo) option. Explainable by prospect theory and loss aversion.