Last Year When Laura Attended a Business Conference in Berlin,the

question 55

Multiple Choice

Last year when Laura attended a business conference in Berlin,the exchange rate was 0.7 euro for US$1.This year she plans to attend that conference and the exchange rate is 0.8 euro for US$1.Laura estimates that her lodging and meals will be _____ expensive than last year.

• A) 13% more
• B) 13% less
• C) 87% more
• D) 87% less

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Definitions:

Chunking

A cognitive strategy for making more efficient use of short-term memory by grouping related items together into a single unit or "chunk."

Short-Term Memories

The phase of memory where small amounts of information can be kept active for a brief period.

Decay Hypothesis

The theory that information is gradually forgotten over time due to the simple passage of time, assuming no attempt to retain it.

Rehearsal

The cognitive process of repeatedly practicing or reviewing information to aid in its retention in memory.