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:

Salvage Value

The anticipated value of an asset at the conclusion of its effective life.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the strategic goals of an organization.

Cash Poor

A situation in which an individual or entity has assets but lacks readily available cash to meet immediate spending needs.

Payback Period

The payback period is the length of time required to recover the cost of an investment.