The __is the temporary storange location for text when it is cut from a document

The informal answer to your question is "clipboard". However, there isn't such a thing as the "clipboard". The people who came up with the idea of the clipboard use that nomenclature to describe the location in memory where that copied data resides. So the formal answer to your question is memory or RAM.

Answerindonesia;

Placeholders  are the containers in  layouts  that hold such content as  text  (including body  text, bulleted lists, and titles),  tables,  charts, smartart graphics, movies, sounds, pictures, and clip art.  slide layouts  also contain the theme (colors, fonts, effects, and the background) of a  slide.