Suppose a Set of English Bone China Costing 1,000 Pounds

question 205

Multiple Choice

Suppose a set of English bone china costing 1,000 pounds costs $3,000 in the United States.After devaluation, the set of china costs $1,000.This change

• A) shows that to foreign purchasers, the price of the china is the same before and after the devaluation.
• B) makes the china less attractive to foreigner purchasers.
• C) makes the china more attractive to foreign purchasers.
• D) is irrelevant to foreign purchasers.
• E) proves that foreign purchasers would prefer devaluation of the English pound so that it would be worth $2.That way, they could get even more for their dollars.

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Definitions:

Cognitive Flexibility

The mental ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously.

Overgeneralize

To apply a rule or conclusion too broadly without sufficient evidence or in inappropriate situations.

Grammatical Rules

Are the guidelines that govern how words and phrases are combined to form sentences in a language.

2- To 3-Year-Old

A developmental stage in early childhood characterized by rapid physical growth, cognitive development, and the emergence of linguistic skills.