I an Index Is a Convenient Way of Comparing Changes

question 77

Multiple Choice

i. An index is a convenient way of comparing changes for different variables, i.e., average income
And food prices.
ii. No systematic approach to collecting and reporting data in index form was evident in North
America until about 1900.
iii. The CPI can be used in determining "real" income.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Accommodation

In psychology, a cognitive process that involves altering one's existing schemas, or ideas, as a result of new information or experiences.

Piaget's Theory

A theory of cognitive development that describes how children's intellectual abilities evolve through distinct stages as they grow.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept developed in early childhood.

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, where infants learn about the world through their sensory experiences and manipulating objects.