You Probably Can Detect a Weight Difference Between a 1-Ounce

question 184

Multiple Choice

You probably can detect a weight difference between a 1-ounce and a 2-ounce envelope.But if you pick up a 20-pound package,you'd probably need another package that weighs at least 20.5 pounds before detecting a difference between them.This description illustrates:

• A)Weber's law.
• B)signal detection theory.
• C)absolute thresholds.
• D)perceptual constancy.

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Definitions:

Assets

Resources with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Checkable Deposits

Bank account balances that can be accessed using checks, debit cards, or electronic transfers and are very liquid.

Required Reserve Ratio

The fraction of deposits that banks are mandated by regulation to hold in reserve and not lend out.

Excess Reserves

The banks' reserves over and above the required minimum that they choose to hold rather than loan out.