The False-Belief Test Demonstrates That 3-Year-Olds

question 229

Multiple Choice

The false-belief test demonstrates that 3-year-olds:

• A)lack the concept of conservation.
• B)do not have a theory of object permanence.
• C)fail to apply their schemas in novel situations.
• D)have trouble understanding that others may not know what they know.

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Definitions:

Budget Constraints

The limitations on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Law of Demand

The principle that, all other factors being equal, as the price of a product decreases, the quantity demanded of the product will increase, and vice versa.

Budget Constraint

An economic model that represents all the combinations of goods and services a consumer can afford given their income and prices of goods.

Labor-Supply Curve

A graphical representation showing the relationship between the wages offered and the number of hours workers are willing to supply.