Gustav Spends a Lot of Time Thinking About the World

question 128

Multiple Choice

Gustav spends a lot of time thinking about the world as it is now and as it could be if everyone took more personal responsibility for environmental and social conditions.Jean Piaget would say that Gustav is probably in the __________ stage of development.

• A)sensorimotor
• B)preoperational
• C)concrete operational
• D)formal operational

---

Definitions:

Straight-Line Depreciation

A method of calculating the depreciation of an asset, dividing its cost minus salvage value by its useful life, resulting in equal annual depreciation expenses.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, calculating the difference between the present value of cash inflows and outflows.

Present Value Index

A calculation that compares the present value of cash inflows to the initial investment, often used in capital budgeting.

Compound Interest

The calculation of interest on the initial principal and also on the accumulated interest of previous periods.