The Federal Reserve System

question 103

Multiple Choice

The Federal Reserve System

• A) has the same status as the Supreme Court.
• B) is basically an independent agency.
• C) has the status of a congressional committee.
• D) is an agency of the executive branch of the federal government.

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Definitions:

Sensorimotor Stage

The first stage in Piaget's theory of cognitive development, where infants learn about the world through their senses and actions.

Cognitive Development

Refers to the progression of thinking, problem solving, and decision-making abilities from childhood through adolescence to adulthood.

Piaget

Jean Piaget was a Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development that describes how children's intellectual abilities evolve as they grow.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a concept important in cognitive development.