Concordia Studies Suggest That Young Children Have the Capacity and Interest

question 45

Multiple Choice

Concordia studies suggest that young children have the capacity and interest to understand math concepts and numbers.All of the following activities are good ways for parents to incorporate math concepts into everyday life EXCEPT

• A) board games with dice
• B) pouring and measuring in cooking and food preparation
• C) setting the table
• D) including the child in budget discussions and banking transactions regarding the family's finances

Grasp the concept and implications of black markets in response to price controls.

Recognize the ethical considerations and economic implications of a market for human organs.

Interpret the role of government interventions, such as taxes and subsidies, on supply and market equilibriums.

Distinguish between allocative and productive efficiency in market contexts.

---

Definitions:

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services.

Market Basket

A fixed list of items used to track the progress of inflation in an economy.

CPI

A gauge for inflation, the Consumer Price Index analyzes the weighted average price of a collection of consumer products and services.

GDP Deflator

An index that measures the prices of all new, domestically manufactured, final goods and services in a country's economy.