According to Piaget,the Stage of Cognitive Development Between Two and Seven

question 80

Multiple Choice

According to Piaget,the stage of cognitive development between two and seven years of age,in which the individual becomes able to use mental representations and language to describe,remember,and reason about the world,though only in an egocentric fashion,is the __________ stage.

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

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Definitions:

Forward Rate

An agreed-upon price for a financial transaction that will occur at a future date, often used in foreign exchange and interest rate markets.

Annual Rate

The yearly interest rate or rate of return on an investment, loan, or other financial product.

Exchange Rates

The conversion rate of one currency to another.

Interest

The cost of borrowing money, typically expressed as an annual percentage rate, or the income earned from lending funds or making an investment.