An Experimenter Shows a Child Two Equal Glasses of Water

question 178

Multiple Choice

An experimenter shows a child two equal glasses of water and then pours the water from one of them into a glass of a different shape. Then the experimenter asks whether the new glass has more or less water than the other one. What concept is the experimenter testing?

• A) assimilation
• B) object permanence
• C) conservation
• D) hypothetical reasoning

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Definitions:

Counterparty

The other organization or party involved in a financial transaction, opposite to the primary party initiating the transaction.

Futures Contract

A formal contract to purchase or sell a specific financial asset or commodity at an agreed-upon price on a future date.

Credit Risk

The risk of loss due to a borrower's inability to make payments on any type of debt.

Clearing Corporation

An entity that facilitates the settlement of transactions in the financial markets by ensuring the transfer of funds and securities.