Suppose You Look Up the Telephone Number to Call, and Someone

question 20

Multiple Choice

Suppose you look up the telephone number to call, and someone asks you where your next class is. You answer quickly, but promptly forget the number you just looked up. The memory store in which this telephone number was held is called:

• A) sensory memory
• B) short-term memory
• C) long-term memory
• D) semantic memory

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Definitions:

Current Yield

A bond's annual interest payment divided by its current price, indicating the return an investor would expect if the bond is held for a year.

Premium Bonds

Government or corporate bonds that are sold at a price above their face value due to their high credit quality or favorable interest yield.

Discount Bonds

Bonds sold for less than their face value, offering investors the difference as profit upon maturity.