Grasping the False Belief Principle Enables a Child to

question 20

Multiple Choice

Grasping the false belief principle enables a child to

• A) know when someone is lying.
• B) learn not to trust all adults.
• C) determine when something is not what it seems to be.
• D) understand what influences other people's thinking.

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Definitions:

Price Ceiling

A government-imposed maximum price that can be charged for a good or service, intentionally set below the market equilibrium to protect consumers.

Shortage

A situation in which the demand for a good or service exceeds its supply in a market.

Price Floor

A minimum price set by the government or a regulatory body, below which a particular good or service cannot legally be sold.

Surplus

An excess quantity, especially referring to the situation where supply exceeds demand in a market, often leading to a decrease in prices.