Which of the Following Indicates the Correct Order of Stages

question 64

Multiple Choice

Which of the following indicates the correct order of stages in Piaget's theory of cognitive development?

• A)formal operational, concrete operational, preoperational, sensory motor
• B)preoperational, concrete operational, formal operational, sensorimotor
• C)preoperational, sensorimotor, formal operational, concrete operational
• D)sensorimotor, preoperational, concrete operational, formal operational

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Definitions:

Range of Exchange Rates

The variability or difference in the rate at which one currency can be exchanged for another.

Gains from Trade

The increase in welfare or benefit that countries or individuals obtain by engaging in voluntary trade with each other, enabling more efficient allocation of resources.

Specialization

The process whereby individuals, businesses, or countries focus on producing a limited range of goods or services to gain greater efficiency and productivity.

Price of a Dollar

A term not commonly used in economics or finance, potentially confusing but might refer to the value of the US dollar in terms of foreign currency exchange rates.