An Example of a Nominal Variable Is ________

question 64

Multiple Choice

An example of a nominal variable is ________.

• A)income measured at current market prices
• B)expenditures in terms of the quantities of actual goods
• C)the chain weighted measure of GDP
• D)all of the above
• E)none of the above

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Definitions:

Working Memory

A brain function of limited capability designed to hold information in the short term for later processing.

Chunks

In cognitive psychology, chunks refer to the units of information organized and grouped together for easier understanding and recall.

Long-Term Memory

The aspect of memory in which information is stored for an extended period, potentially as long as a lifetime.

Mnemonic Device

A strategy or technique that aids in remembering information, such as an acronym or rhyme.