USAnd International Data from 1960 - 2011 Confirm That

question 35

Multiple Choice

U.S.and international data from 1960 - 2011 confirm that

• A)changes the rate of inflation always correspond closely to changes in the growth rate of money
• B)the growth rate of money is equal to the inflation rate
• C)the average rate of money growth is about the same as the average rate of GDP growth
• D)higher sustained money growth rates are always associated with higher inflation rates
• E)the growth rate of money is about equal to the GDP growth rate plus the rate of inflation

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Definitions:

IQ

Intelligence Quotient, a score derived from standardized tests designed to measure human intelligence.

Predictor

A variable or measure that forecasts or estimates a future event or outcome based on current or past data.

Aptitude Test

A standardized test designed to measure an individual's potential to acquire skills or knowledge.

Numerical Ability

The capacity to use and understand numbers, including the skill to perform arithmetic operations, understand their use in quantifying objects, and recognizing their symbols.