According to the Global Entrepreneurship Monitor (GEM) 2013 Survey, About

question 3

Multiple Choice

According to the Global Entrepreneurship Monitor (GEM) 2013 survey, about ________ percent of adults in the United States are either starting a business or are running a business that has been in existence for less than 3 1/2 years.

• A) 3.8
• B) 5.5
• C) 7.6
• D) 9.0
• E) 12.7

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Definitions:

Cocktail Party Phenomenon

The capacity to concentrate one's listening efforts on a specific sound while ignoring other surrounding noises.

Posner Effect

A phenomenon in cognitive psychology indicating that attention can be directed to a location without the need for the eyes to move.

Craik Effect

A phenomenon where the depth of processing impacts memory recall; deeper processing leads to better retention.

Late Selection

A cognitive process theory suggesting that all incoming information is processed at a basic level before selective filtering happens based on its importance.