Which of the Following Would Most Likely Be an Indicator

question 84

Multiple Choice

Which of the following would most likely be an indicator of the id operating on an individual's behavior?

• A)David has to have it, and have it right now.
• B)Andrew knows he has to wait for his turn.
• C)Mike will wait to have twice as much later.
• D)James will wait to find out what his parents think.

Understand the concept of compound interest and its applications.

Calculate the future value of investments using the formula for compound interest.

Determine the present value of future amounts to achieve specific financial goals.

Apply concepts of time value of money in various financial planning scenarios.

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Definitions:

Working Memory

A cognitive system that holds and manipulates information in short-term memory for reasoning and guidance of decision-making and behavior.

Maintenance Rehearsal

Using working memory processes to repeat information based on how it sounds (auditory information); provides only shallow encoding of information and less successful long-term storage.

Elaborative Rehearsal

Using working memory processes to think about how new information relates to yourself or your prior knowledge (semantic information); provides deeper encoding of information for more successful long-term storage.

Dual Coding

A theory suggesting that information is stored in both verbal and visual forms to facilitate memory retention.