Baby Jane,three Days Old,is Shown Four Drawings: a Bright Blue

question 148

Multiple Choice

Baby Jane,three days old,is shown four drawings: a bright blue square,a white oval,a yellow circle,and a drawing of a face.In view of Fantz's work,which drawing would she probably prefer to look at?

• A)The white oval
• B)The face
• C)The blue square
• D)The yellow circle

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Definitions:

Facilitates Trade

Actions or policies designed to make trade between countries or parties easier, typically through reducing barriers such as tariffs and quotas.

Barter

The direct exchange of one product for another without using money.

Medium Of Exchange

Anything that is widely accepted as a means for the payment of goods and services and repayment of debts.

Opportunity Cost

Represents the value of the best alternative that must be given up in order to pursue a certain action or decision.