Jenna Wants to Use the Vending Machine During Her Lunch

question 71

Multiple Choice

Jenna wants to use the vending machine during her lunch break.She reaches to select a quarter from the different sizes of change she is carrying in her pocket.This touch-based sensory input from the different sized coins in her pocket is first translated into ____.

• A)echoic memory
• B)acoustic code
• C)iconic memory
• D)haptic code

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Definitions:

Inflation

The speed at which the overall price level for goods and services increases, thereby diminishing buying power.

Floating Exchange Rates

A system in which currency values are allowed to fluctuate according to foreign exchange market mechanisms without direct intervention by the country’s government.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount loaned, which lenders charge borrowers.

Demand For Pounds

The desire or need for a given amount of a commodity, such as currency or weight, by consumers or businesses.