What Is the Capacity of Short-Term Memory

question 96

Multiple Choice

What is the capacity of short-term memory?

• A)five,plus or minus two letters
• B)seven,plus or minus two chunks
• C)five,plus or minus two engrams
• D)seven,plus or minus two numbers

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Definitions:

Excess Supply

A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to a price decrease.

Excess Demand

A situation in which the demand for a product or service surpasses its supply in a market, often leading to price increases.

Market Equilibrium

A situation where the quantity of a good or service supplied equals the quantity demanded at a specific price level.

Excess Demand

A scenario in which the current price of a product or service leads to a demand that surpasses its available supply.