Which of the Following Would Be an Example of Short-Term

question 51

Multiple Choice

Which of the following would be an example of short-term memory?

• A)remembering the letters of the alphabet
• B)looking up a phone number and remembering it while you dial
• C)remembering your name
• D)remembering how to ride a bicycle

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Definitions:

Gold Coins

A type of currency made from gold, used historically as a medium of exchange and a store of value.

Small Denomination Time Deposits

Savings accounts or certificates of deposit in banks that have smaller balances and are subject to a specified time frame before withdrawal.

Large Denomination Time Deposits

High-value deposits in a bank with fixed terms, which typically offer higher interest rates than regular savings accounts.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near-money instruments, such as savings deposits and money market securities.