Natalie Is a Good Student and Likes to Participate in Class

question 20

Multiple Choice

Natalie is a good student and likes to participate in class. When she was in third grade, she had a hard time not blurting out answers. She wanted to answer every question. Now that she is in 10th grade, she is better at controlling her behavior and only raises her hand once or twice each class. What cognitive advance has Natalie experienced?

• A) An advance in metacognition.
• B) An advance in selective attention.
• C) An advance in response inhibition.
• D) An advance in working memory.

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Definitions:

Incremental Net Income

Net income resulting from a particular action or decision, calculated as the difference in total net income if the action is taken versus if it is not.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.

After-Tax Discount Rate

The discount rate used in capital budgeting that accounts for the effects of income tax.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of a firm's shareholders' wealth maximization.