Which of the Following Is NOT an Example of Long-Term

question 42

Multiple Choice

Which of the following is NOT an example of long-term memory?

• A)identifying a perfume as that worn by your grandmother 20 years ago
• B)repeating an address after it was told to you
• C)repeating a poem learned in nursery school
• D)remembering how to ride a bike

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Definitions:

Innovation

The process of creating new products, processes, or ideas that bring value to society, businesses, or individuals.

Central Planning

An economic system where the government makes all decisions on the production and allocation of goods and services.

Economic Profitability

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial success and viability of a venture.

Resource Allocation

The process of assigning available resources in the most efficient way to meet the objectives of an organization or economy.