Which of the Following Is an Implication of Binet's Concept

question 15

Multiple Choice

Which of the following is an implication of Binet's concept of general mental ability?

• A)Individual items that do not correlate well with the total score can be eliminated.
• B)A broad range of diverse items must be included.
• C)Variability in the ability to perform specific skills should be minimal.
• D)Those who are high in general mental ability will also be high in specific mental abilities.

Calculate shortages and surpluses in the market given government interventions such as price floors and price ceilings.

Determine the equilibrium price and quantity in a market from given demand and supply equations or schedules.

Assess the impact of changes in market conditions on equilibrium price and quantity.

Understand the role of government interventions in the market, such as taxes, price floors, and price ceilings.

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Definitions:

Entrepreneurial Ability

Ability to recognize a business opportunity and successfully set up a business firm to take advantage of it.

Fascism

A political ideology that emphasizes authoritarian nationalism, centralization of power, suppression of dissent, and often a dictatorial leadership.

Mikhail Gorbachev

A former Soviet statesman whose policies of glasnost and perestroika played significant roles in the demise of the Soviet Union.

Overthrow

The act of removing and replacing a government or ruling system by force.