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Matthew's mother teaches him to measure butter for cooking by placing the butter in a measuring cup partially filled with water and seeing how high the water rises. In his science lab a few days later, Matthew realizes he can use the same procedure to measure the volume of an irregularly shaped object. Which one of the following best describes Matthew's approach to problem solving?
Private Pension Plan
A retirement plan established by an employer or a union that provides an income to employees after retirement, funded primarily through employer contributions.
GST
Goods and Services Tax; a value-added tax levied on most goods and services sold for domestic consumption.
Child Care Benefits
Assistance provided by employers or government entities to employees for child care, aiming to support working parents.
Defined Contribution Plans
Defined contribution plans are retirement savings plans where the amount contributed is defined, but the benefit received at retirement depends on the investment's performance.
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