Raw Scores on IQ Tests Have Been Falling Steadily in Developed

question 71

True/False

Raw scores on IQ tests have been falling steadily in developed countries for the past several generations.

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Definitions:

Fixed Exchange-Rate

A regime under which the government or central bank ties the official exchange rate to another country's currency or the price of gold.

Capital Account

A national account that shows the net change in asset ownership for a country. It includes foreign investments and loans.

Financial Account

A component of the balance of payments that records transactions of financial assets between residents of one country and the rest of the world.

Exchange Rate

The price of one currency in terms of another, allowing for the conversion of monetary values between countries.