As Children Get Older, Their Speed of Processing

question 69

Multiple Choice

As children get older, their speed of processing

• A) speeds up.
• B) slows down.
• C) cycles up and down.
• D) does not change.

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Definitions:

Deflation

A decrease in the general price level of goods and services, often associated with reduced demand or increased supply.

Small Denomination Time Deposits

Small denomination time deposits are savings accounts or certificates of deposit under a specified amount that typically offer interest over a fixed term.

M1

A measure of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

M2

A measure of the money supply that includes cash and checking deposits (M1) as well as near money, such as savings deposits and money market securities.