Knowledge of How to Perform Different Skills and Actions Is

question 189

Multiple Choice

Knowledge of how to perform different skills and actions is called _____ memory while knowledge of facts, concepts, and ideas is called _____ memory.

• A)semantic; episodic
• B)episodic; procedural
• C)procedural; semantic
• D)procedural; episodic

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Definitions:

Labor Productivity

An indicator of economic efficiency that evaluates the quantity of goods and services produced (output) relative to the total hours spent in producing those goods and services.

Complementary Resources

Resources used together in production that increase each other's effectiveness.

Fixed Proportions

A production condition where inputs must be combined in strict, unchanging ratios to produce output.

Substitution Effect

The change in the quantity demanded of a good resulting from a change in its price, making it more or less expensive relative to other goods.