The Issue of Whether Heredity or Environment Is More Important

question 265

Multiple Choice

The issue of whether heredity or environment is more important in development relates to

• A) a historical view of development where environment was important in the past, but now heredity is recognized as the leading influence.
• B) the nature-nurture controversy.
• C) the question of whether development happens in stages or continuously.
• D) the extent of personal characteristics being stable over time.

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Definitions:

Residual Value

The estimated value that an asset will have at the end of its useful life, after it has been depreciated.

Present Value

The current value of future monetary amounts or sequences of cash inflows, factoring in a specific rate of interest.

Annuity

A monetary tool that issues a predetermined sequence of payments to someone, commonly used to generate an income for those who have retired.

Earnings Rate

The rate at which a company or investment generates income relative to a specific amount of assets, capital, or equity.