A Child Demonstrates Object Permanence, Egocentrism, and a Failure to Conserve

question 125

Multiple Choice

A child demonstrates object permanence, egocentrism, and a failure to conserve. She is MOST likely in which Piagetian stage?

• A)preoperational
• B)concrete operational
• C)sensorimotor
• D)formal operational

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Definitions:

Health Insurance

A type of insurance that covers the whole or part of the risk of a person incurring medical expenses, spreading the risk over numerous individuals.

Adverse Selection

A situation in which sellers have information that buyers do not have, or vice versa, leading to an inefficient market outcome.

Moral Hazard

A situation in which there is a tendency to take riskier behavior when protected from the consequences of that behavior, often seen in insurance and finance.

Asymmetric Information

A situation in economics where one party in a transaction has more or better information than the other, leading to potential imbalances in decisions and market outcomes.