Use the Following Table to Answer the Questions : Table

question 36

Multiple Choice

Use the following table to answer the questions : Table 5.3:
-On the basis of Table 5.3,the value of the income aggregate that is defined as "the part of disposable income not spent on current consumption" (also known as savings) is

• A)-$500 billion.
• B)$500 billion.
• C)$370 billion.
• D)$8,570 billion.

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Definitions:

High Average

A term typically used to describe scores or performance that are above the median but not exceedingly high, often used in statistical and educational assessments.

Mental Age

A measure of an individual's cognitive ability compared to the average cognitive ability of an age group.

Terman's Formula

A method developed by Lewis Terman for estimating intelligence quotient (IQ) based on the ratio of mental age to chronological age, multiplied by 100.

IQ Scores

Numerical measures of a person's intelligence as compared to the average performance of individuals in the same age group.