According to Craik and Lockhart, We Are Most Likely to Remember

question 175

Multiple Choice

According to Craik and Lockhart, we are most likely to remember information that we process at a _______________ level.

• A) deeper
• B) medium
• C) shallower
• D) any of these, depending on the information

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Definitions:

Seniority

The order of repayment in the event of a sale or bankruptcy, with higher seniority debts being repaid before those of lower seniority.

Mortgage Pass-through Agency

A financial entity that aggregates mortgage loans and creates pass-through securities representing interests in those loans.

Ginnie Mae

Ginnie Mae, or the Government National Mortgage Association, guarantees timely payment of principal and interest on mortgage-backed securities.

Sallie Mae

A corporation that originates, services, and collects student loans in the United States.