Dr Vargas Can Remember Hundreds of Students' Names from His

question 98

Multiple Choice

Dr Vargas can remember hundreds of students' names from his 25 years of university teaching, but has difficulty remembering the new three-digit area code for his home phone number. This is one illustration of ________.

• A)false memories
• B)iconic memory
• C)meta-memory
• D)the paradox of memory

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Definitions:

Tight Money Policy

A monetary policy strategy used by central banks to slow economic growth by increasing interest rates and reducing the supply of money.

Government Bonds

Fixed-income securities issued by a government to support government spending, typically offering a regular interest payment and repayment of the principal at maturity.

Easy Money

A monetary policy stance characterized by low interest rates and high availability of credit to encourage economic growth.

Exports

Products or services made in one country and purchased by consumers in a different country, adding to the exporting nation's overall economic output.