Grant Is in the 3rd Grade and Is Enthusiastic About

question 184

Multiple Choice

Grant is in the 3rd grade and is enthusiastic about learning in school.Beyond recess he enjoys reading books,doing his math homework,and learning new spelling words.He is also confident in his ability to accomplish goals that he has set for himself.Which of Erikson's psychosocial stages is Grant in?

• A) trust vs. mistrust
• B) autonomy vs. shame and doubt
• C) initiative vs. guilt
• D) industry vs. inferiority

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Definitions:

Interest Rates

The share of a loan levied as interest on the borrower, typically indicated as an annual percentage of the unpaid loan amount.

Twin Deficits

Refers to the situation where a country is running both a fiscal deficit (government spending exceeds revenue) and a current account deficit (imports exceed exports).

Budget Deficit

The condition when a government spends more than its income, requiring it to borrow money or accumulate debt to cover the gap.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to negative balance of trade.