In the Formal Operational Stage, Adolescents Begin to Think More

question 63

Multiple Choice

In the formal operational stage, adolescents begin to think more as a scientist thinks, devising plans to solve problems and systematically testing solutions. This type of problem solving requires ________.

• A) trial-and-error reasoning
• B) hypothetical-deductive reasoning
• C) concrete operational reasoning
• D) preconventional reasoning

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Definitions:

Excess Reserves

The reserves that banks hold over and above the regulatory requirements set by the central bank or banking regulator.

Excess Reserves

Banking reserves exceeding the reserve requirement set by a central bank, not lent out to the bank's clients.

Interest Rate

The fee, shown as a percent of the original amount, that a borrower must pay to a lender to borrow money or other resources.

Sub-prime Housing Loan

A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans, often due to a poor credit history.