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Scenario II
Scenario II is based on the following studies:
Gopnik,A. ,& Astington,J.W.(1988) .Children's understanding of representative change and its relation to the understanding of false belief and the appearance-reality distinction.Child Development,59,26-37.
Wimmer,H. ,& Perner,J.(1983) .Beliefs about beliefs: Representation and constraining function of wrong beliefs in young children's understanding of deception.Cognition,13(1) ,103-128.
Wimmer and Perner (1983) first developed a procedure to assess if children have developed a theory of mind.Children were read an illustrated story in which a puppet named Maxi hid a piece of chocolate in one cupboard and then left the room.While Maxi was away,a second puppet entered the room,discovered the chocolate,and hid it in a new location before leaving.The story ended with Maxi's return.Children were asked where Maxi will look for the chocolate.Whereas most 5-year-olds who have developed a theory of mind will report that he will look in the cupboard,most 3-year-olds will report that Maxi will look in the new location.
Using a different procedure,Gopnik and Astington (1988) first arranged a control condition in which children were shown a dollhouse.Inside the dollhouse was an apple.In the presence of the children,the experimenter opened the dollhouse and replaced the apple with a doll.A few minutes later,the children were asked what was currently in the dollhouse and what had previously been in the dollhouse.Only children who answered these questions correctly progressed to the experimental condition.Here,the experimenter showed children a candy box.When they opened it,the children discovered that it contained pencils.When the children were asked what they originally thought was in the box,most 5-year-olds said candy and most 3-year-olds said pencils.
-(Scenario II) The fact that 3-year olds in the Gopnik and Astington (1988) study responded accurately in the control condition but inaccurately in the experimental condition:
Annual Payments
Payments that are made once a year for various purposes, such as loan repayments, insurance premiums, or leases.
Note Payable
A written agreement where a borrower promises to pay back a certain sum of money to a lender at a future date, often with interest.
Discounted
The method of calculating the current value of a single payment or a series of future payments.
Interest Periods
Specific intervals of time over which interest is calculated and paid on financial investments or charged on loans.
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