Which Piagetian Term Refers to the Period of Cognitive Development

question 27

Multiple Choice

Which Piagetian term refers to the period of cognitive development that occurs between ages 7 and 12,and is characterized by the active and appropriate use of logic?

• A)concrete operational stage
• B)decentering stage
• C)abstract operational stage
• D)preoperational stage

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Definitions:

Costs of Inflation

The economic consequences of inflation, including decreased currency value and increased uncertainty in investment.

Aggregate Demand

The total demand for all goods and services within an economy, including consumption, investment, government spending, and net exports.

Aggregate Supply

The total supply of goods and services produced within an economy at a given overall price level and in a given time period.

Money Supply

The total amount of money available in an economy at a particular time, including cash, deposits, and other liquid assets.