Answer: THIS IS NOT PLAGIARISM.
Explanation: Plagiarism is the use of someones literature work without acknowledging the person. It is a theft of knowledge in it's simplest term. But when acknowledged it is assumed to be a borrow of knowledge, which is always acceptable because no one knows everything.
The student has acknowledged the source that was cited to build it's literature work, so therefore it is legal for the student to copy as much information from the book, be it paraphrasing of Word-for-word.