Eight-Month-Old Claire Is Able to Crawl Around a Room on Her

question 5

Multiple Choice

Eight-month-old Claire is able to crawl around a room on her own, looking back at her mother only occasionally. This indicates that Claire

• A) is not attached to her mother.
• B) has "purpose."
• C) is in the "initiative versus guilt" stage.
• D) trusts her mother.

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Definitions:

Risk Averse

A descriptive term for investors or individuals who prefer lower risk or uncertainties, often choosing investments with smaller potential returns to avoid losing money.

Retirement Savings Plan

A retirement savings plan is a financial arrangement designed to replace employment income upon retirement, which can include various types of accounts like 401(k)s and IRAs.

Tax-exempt Saving

An investment account or product that offers tax benefits, such as no taxation on the interest or profits earned.

529 Plan

A tax-advantaged savings plan designed to encourage saving for future education costs, including tuition, fees, and room and board.