What Is the Piagetian Term for the Process of Fitting

question 127

Multiple Choice

What is the Piagetian term for the process of fitting new experiences into existing cognitive schemes?

• A)accommodation
• B)centration
• C)conservation
• D)assimilation

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Definitions:

Cross Rate

Exchange rate between two currencies computed by reference to a third currency, typically the US dollar.

Spot Market

A public market for trading financial instruments or commodities that are delivered immediately.

Trade Settled

The completion of a securities transaction when the seller delivers the security to the buyer and receives payment in return.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess relative currency value.