Examlex

Solved

Charles Spearman Noted That Performances on Different Measures of Intelligence

question 371

Multiple Choice

Charles Spearman noted that performances on different measures of intelligence are highly correlated with each other. He therefore proposed that ___________.


Definitions:

Comparative Advantage

The knack of entities, whether they are people, companies, or countries, to bring forth goods or services at opportunity costs that undercut those of competitors.

Opportunity Costs

Opportunity Costs represent the benefits that are foregone by choosing one option over an alternative one.

Specialization

The focus by an individual, firm, or country on producing a limited range of goods or services, often to improve efficiency and productivity.

Related Questions