Which Memory System Holds Information in Storage Just Long Enough

question 8

Multiple Choice

Which memory system holds information in storage just long enough to give you time to recognize the stimulus

• A) working memory
• B) long-term memory 
• C) short-term memory
• D) sensory memory

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Definitions:

Other-Things-Constant Assumption

The assumption, when focusing on the relation among key economic variables, that other variables remain unchanged; in Latin, ceteris paribus.

Rational Self-Interest

Each individual tries to maximize the expected benefit achieved with a given cost or to minimize the expected cost of achieving a given benefit.

Economic Actors

Individuals, companies, and organizations involved in the production, distribution, and consumption of goods and services.

Economic Model

A simplified representation of economic processes, used to understand and predict economic behaviors by focusing on key variables and their relationships.