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Sarah Is Presented with the Following List of Items to Memorize

question 104

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Sarah is presented with the following list of items to memorize: bagel,carrot,ham,corn,hot dog,donut,bread,chicken,peas.Her immediate reaction is to think of the items in the following way: (bagel,donut,bread) ;(carrot,corn,peas) ;(ham,hotdog,chicken) .This reaction would indicate that Sarah is using the strategy of


Definitions:

Profits

The financial gain obtained when the revenue from business activities exceeds the expenses, taxes, and costs of operation.

Insolvent

A financial state in which an individual or entity cannot meet its debt obligations as they come due, or its liabilities exceed its assets.

Debt Payment

The act of paying back the principal and interest on borrowed money, typically according to a predetermined schedule.

Risk

The potential for losing something of value or the possibility of an adverse outcome.

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