The Term Original Sin by Two Economists Barry Eichengreen and Ricardo

question 78

Multiple Choice

The term Original Sin by two economists Barry Eichengreen and Ricardo Hausmann is used to describe what?

• A) low-income economy
• B) developing countries' inability to borrow in their own currencies
• C) a sin that is part of the Ten Commandments
• D) borrows not able to receive loans
• E) not diversifying economies portfolios

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Definitions:

Encoding Specificity

The principle that the recall of information is improved if the cues present at the time of encoding are also present at the time of retrieval.

Context and Memory

The way in which the situation or environment in which information is learned can affect recall of that information.

Depth of Processing

A theory suggesting that the depth (shallow to deep) at which information is thought about affects the duration and strength of memory of that information.

Tip-of-the-Tongue

The phenomenon of failing to retrieve a word from memory, combined with partial recall and the feeling that retrieval is imminent.