If You Apply Pressure to the Bottom of an Infant's

question 208

Multiple Choice

If you apply pressure to the bottom of an infant's foot, how will the baby respond?

• A) The baby's toes will curl.
• B) The baby's toes will fan out.
• C) The baby will kick.
• D) The baby will arch its back.

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Definitions:

GIC

A Guaranteed Investment Certificate (GIC) is a type of Canadian investment that offers a guaranteed return over a fixed period.

Monthly Compounded

Interest on an investment or loan is calculated monthly and added to the principal, allowing the interest to earn interest in subsequent months.

Nominal Rate

The stated interest rate of an investment or loan, not accounting for compounding or inflation effects.

Annual Rate

The interest rate for a period of one year, often used to compare the yearly interest between financial products without compounding.