Which of the Following Statements About Long-Term Memory Is FALSE

question 2

Multiple Choice

Which of the following statements about long-term memory is FALSE?

• A)Information stored in long-term memory can potentially last a lifetime.
• B)The amount of information that can be held in long-term memory is limitless.
• C)The three components of long-term memory are the phonological loop, the visuospatial sketchpad, and the central executive.
• D)One category of long-term memory is semantic memory.

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Definitions:

Foreign-Currency Exchange

The process of exchanging one currency for another, enabling international trade and finance.

Real Exchange Rate

A measure comparing the relative price levels of a basket of goods between two countries, adjusted for differences in price levels.

Real Interest Rate

The interest rate that has been adjusted to remove the effects of inflation to reflect the true cost of funds to the borrower and the real yield to the lender.

Foreign Demand

The desire and willingness to purchase goods and services from another country, influenced by factors like exchange rates and economic conditions.