Small Differences in Growth Rates Can Create Large Differences in Income

question 4

Multiple Choice

Small differences in growth rates can create large differences in income levels because of:

• A)specialization.
• B)compounding.
• C)the division of labor.
• D)Say's Law.

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Definitions:

Under-extension

A cognitive error typical in early child language development where a child inappropriately restricts the use of a word to only one object or situation.

Telegraphic Speech

A stage in language acquisition in children where speech is abrupt and consists mainly of content words, resembling the structure of telegraph messages.

Fast Mapping

The rapid mental assignment of meaning to a new word by a child, often after a single exposure to the word in a meaningful context.

Overextension

In language development, the application of a word in a broader context than is appropriate, showing a child's developing linguistic capability.