Hakim and His Older Sister,Nada,are at the Kitchen Table Working

question 53

Multiple Choice

Hakim and his older sister,Nada,are at the kitchen table working on their homework.Nada reads Hakim one of the questions she's working on,"Imagine you want to test the hypothesis that warm water freezes faster than cold water.Design an experiment to test your hypothesis." Hakim is very confused and doesn't quite understand this approach to thinking.Given this example,Hakim is likely in the ________ stage,while Nada is likely in the _________ stage.

• A)formal operational;concrete operational
• B)concrete operational;formal operational
• C)preoperational;concrete operational
• D)concrete operational;preoperational

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Definitions:

Balance On Capital Account

A measurement of the financial transactions that cause a change in the ownership of assets between residents and non-residents.

Current Account

A component of a country's balance of payments, relating to the trade balance, net primary income or factor income (earnings on foreign investments minus payments made to foreign investors) and net cash transfers, that has direct impact on currency exchange rates.

Foreign Exchange Market

A market in which currencies of different nations are bought and sold.

Exchange Rate

The amount one currency is worth when exchanged for another.