In a Certain City, the Government Is Considering Acquiring Some

question 368

Multiple Choice

In a certain city, the government is considering acquiring some land and turning it into a park (without any fences or gates) . In an attempt to determine the extent to which residents of the city would value the park, residents are asked to fill out a questionnaire. Which of the following is correct?

• A)On the questionnaire, some residents are likely to exaggerate the value they associate with the park.
• B)On the questionnaire, some residents are likely to exaggerate the costs they associate with the park.
• C)The use of such a questionnaire in cost-benefit analysis is likely to produce only rough approximations of residents' perceptions of the costs and benefits of a park.
• D)All of the above are correct.

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Definitions:

Temperament

The inherent aspects of an individual's personality, such as moodiness, activity level, and emotional reactivity, often observable from infancy.

Affect

The experience of feeling or emotion that is often a response to stimuli in the environment.

Sensorimotor Stage

The sensorimotor stage is the first of Piaget's stages of cognitive development, where infants explore the world through their senses and actions (birth to about 2 years).

Piaget

Jean Piaget, a Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.