What Discovery Did Skeels and Dye Make When They Administered

question 25

Multiple Choice

What discovery did Skeels and Dye make when they administered intelligence tests to a sample of orphans cared for by trained professionals in a "good" orphanage and to a second sample of orphans raised by residents of an institution for mentally retarded women?

• A) The orphans raised by the mentally impaired scored an average of 25 points lower than those raised by trained professionals.
• B) The orphans raised by the mentally impaired scored an average of 58 points higher than those raised by trained professionals.
• C) There was no difference in the scores of the orphans raised by the mentally impaired compared to those raised by trained professionals.
• D) The orphans raised by the mentally impaired scored an average of 47 points lower than those raised by trained professionals.

Distinguish between movements along a budget line and shifts of the budget line itself.

Appreciate the conceptual similarity between topographic and indifference maps.

Recognize how changes in the prices of goods affect consumer's purchasing decisions.

Identify how income changes affect the consumer's ability to achieve higher levels of utility.

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Definitions:

Dividends Paid

The portion of a company's earnings distributed to shareholders as a payment.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, also known as net earnings or net profit.

Available-For-Sale Securities

These are debt or equity securities purchased with the intent of selling before they reach maturity, but are not actively traded, and are recorded at fair market value on the balance sheet.

Fair Value

Fair value is the estimated market price of an asset or liability, reflecting the amount for which it could be exchanged or settled in a transaction between knowledgeable, willing parties under no compulsion.