You Have Some Estimates of National Accounts Numbers for a Closed

question 114

Multiple Choice

You have some estimates of national accounts numbers for a closed economy for the coming year. Under one set of expectations, government purchases will be $30 billion, transfer payments will be $10 billion, and taxes will be $45 billion. Under another set of expectations, GDP will be $200 billion, taxes will be $50 billion, transfer payments will be $20 billion, consumption will be $120 million, and investment will be $40 billion. Based on these numbers in the first case there should be a

• A)$15 billion surplus, and in the second case a $10 billion surplus.
• B)$15 billion surplus, and in the second case a $10 billion deficit.
• C)$5 billion surplus, and in the second case a $10 billion surplus.
• D)$5 billion surplus, and in the second case a $10 billion deficit.

Describe the components and scales of the Bayley Scales of Infant Development III (BSID-III).

Explain the role of categorization in infant cognitive development.

Understand the role of habituation and attention in measuring infant intelligence.

Discuss the factors influencing language development in infants.

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Definitions:

Osteocytes

Mature bone cells enclosed in lacunae that are responsible for the maintenance and turnover of the mineral content of the surrounding bone.

Red Marrow

A type of bone marrow that produces blood cells.

Cancellous Bone

Also known as trabecular or spongy bone, this type of bone tissue is characterized by a honeycomb structure and is found at the ends of long bones, within the spinal vertebrae, and in the pelvic bones.

Blood Cells

The cells that circulate in the blood, including red blood cells (erythrocytes), white blood cells (leukocytes), and platelets.