The Term "Saving" Is a Flow Concept While the Term

question 17

True/False

The term "saving" is a flow concept while the term "savings" is a stock concept.

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Definitions:

Short-term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Chunks of Information

The grouping of individual bits of information into larger, more manageable units or chunks, facilitating easier information processing and memory retention.

George Miller

A psychologist renowned for his work on cognitive psychology and for proposing the theory that the average number of objects an individual can hold in working memory is seven plus or minus two.

Elaborative Rehearsal

A memory technique that involves thinking about the meaning of the term to be remembered, as opposed to simply repeating the word to yourself over and over.