According to Kohlberg, Children Interpret Behavior in Terms of Concrete

question 54

Multiple Choice

According to Kohlberg, children interpret behavior in terms of concrete consequences at the __________ level of moral development.

• A) precognitive
• B) preconventional
• C) conventional
• D) postconventional

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Definitions:

Paradox Of Thrift

The economic theory suggesting that increased saving in the aggregate can lead to a decrease in economic growth, income, and spending.

National Output

National output is the total value of services and goods produced by a country's economy over a specified period of time, essentially synonymous with Gross Domestic Product (GDP).

Saving Function

As income rises, saving rises, but not as quickly.

MPC (Marginal Propensity To Consume)

The proportion of an increase in income that a consumer spends on additional goods and services, rather than saving.