In His Research, Kevin Miller Found That Only 48 Percent

question 110

Multiple Choice

In his research, Kevin Miller found that only 48 percent of American children could count to 20, compared to 74 percent of Chinese children. These differences can be understood in terms of

• A)cross-cultural differences in number systems, a tool of intellectual adaptation.
• B)the extent to which children are expected to learn about numbers.
• C)the relative experiences with guided participation.
• D)specialized scaffolding abilities of Chinese parents.

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Definitions:

Interest Rate Parity Theory

Interest Rate Parity Theory is an economic theory which suggests that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade and capital flow between countries.

Equilibrium

In economics and finance, a state where supply equals demand, and market forces are in balance, resulting in stable prices.

WEBS Portfolios

WEBS Portfolios, originally known as World Equity Benchmark Shares, are exchange-traded funds that track international stock market indexes.