Wanda Is Two Years Old and Learned That Watermelons Taste

question 130

Multiple Choice

Wanda is two years old and learned that watermelons taste sweet, are red on the inside, have black seeds, and are green on the outside. What do these facts represent in Wanda's associative network concerning watermelons?

• A) paths
• B) tags
• C) associative knowledge
• D) declarative knowledge

---

Definitions:

Expected Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is expected to fall.

Absolute Purchasing Power Parity

A theory that suggests that the price of goods in different countries should be equal when measured in a common currency.

Exchange Rate

The price of one country's currency in terms of another currency or currencies.

Inflation

The pace at which prices for a wide range of goods and services elevate, depreciating the power to purchase.