Jonas Knew That Animals with Fur,pointy Ears,a Tail,four Legs,and That

question 67

Multiple Choice

Jonas knew that animals with fur,pointy ears,a tail,four legs,and that say "woof" were called "dogs" by his parents.He saw a new animal and thought it was a dog until it "meowed." Jonas's parents said that it was a "cat." Jonas could now distinguish between a dog and a cat depending on the sound the animal made.This revision of Jonas's schema for a "dog" best illustrates:

• A)assimilation.
• B)accommodation.
• C)formal operations.
• D)object permanence.

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Definitions:

Passive Investment

An investment strategy involving minimal buying and selling, aiming to benefit from long-term market returns with low fees.

Four-factor Model

A financial model that expands the three-factor model (market risk, size risk, and value risk) by adding a momentum factor to explain stock returns.

Fama and French Factors

Fama and French factors are three factors—market risk, size risk, and value risk—used in explaining portfolio returns beyond the market risk measured by beta.

Semistrong-form

A theory suggesting that stock prices incorporate all publicly available information, including historical data and public news.