While Researching the Reasons for the Large Cross-Cultural Differences,Stevenson and His

question 47

Multiple Choice

While researching the reasons for the large cross-cultural differences,Stevenson and his colleagues observed that more than _____ of total classroom time in the first grade was spent on math instruction in Japan,compared with only _____ of the time in the U.S.first-grade classrooms.

• A) one-fourth; one-tenth
• B) three-fourth; two-third
• C) half; two-third
• D) one-third; one-fourth

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Definitions:

Debit Card

A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.

Zero-balance Account

A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an exact amount to cover checks presented.

Float Management

Strategies employed by companies to manage the time between issuing and cashing payments to optimize available cash flow.

NPV

NPV is a calculation that determines the expected financial profitability of a given investment or project by assessing the difference between the current value of all incoming and outgoing cash flows.