If People of Different Generations Took the Same IQ Test

question 9

Multiple Choice

If people of different generations took the same IQ test, standardized long ago and not restandardized, today's young adults would score, on the average:

• A) higher than their parents or grandparents.
• B) higher than their parents but lower than their grandparents.
• C) about the same as their parents and grandparents.
• D) lower than their parents and about the same as their grandparents.

---

Definitions:

Specific Excise Taxes

Taxes imposed on a particular good or service, charged by quantity rather than value, such as per gallon or per pack.

Consumer Goods

Products that are sold directly to consumers for their personal or household use.

Sales Taxes

Levies that are imposed on the sale of goods and services, which are typically calculated as a percentage of the retail sales price.

Deadweight Loss

The decline in economic performance when a good or service fails to achieve or is unable to achieve its market equilibrium.