According to the U

question 18

Multiple Choice

According to the U.S. Secret Service, approximately $2.6 billion of U.S. paper currency in circulation is counterfeit. Undetected counterfeit currency which is spent and circulated in the marketplace is an example of the counterfeit currency being used as a

• A) medium of exchange.
• B) commodity money.
• C) store of value.
• D) bank reserve.

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Definitions:

Conservation Skills

Cognitive abilities described by Piaget where a child understands that certain properties of objects remain the same despite changes in their form or arrangement.

Deferred Imitation

A cognitive behavior in which an individual reproduces the actions of others after a delay.

Visible Imitation

The act of copying someone’s actions or behaviors that are observed, as a form of learning or social interaction.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched.