In Which of the Following Cases Would There Be an Effect

question 189

Multiple Choice

In which of the following cases would there be an effect on the value of the U.S.consumer price index,but not on the value of the U.S.GDP deflator?

• A)All of the truck tires that are produced by a certain company in South Korea are sold to the U.S.military,and the price of these tires decreases.
• B)All of the truck tires that are produced by a certain company in California are sold to the U.S.military,and the price of these tires decreases.
• C)Most of the bananas that are produced by a certain company in Honduras end up in U.S.grocery stores,and the price of these bananas increases.
• D)Most of the earth-moving machines that are produced by a certain company in Illinois are exported to other countries,and the price of these machines increases.

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Definitions:

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A condition of limited mental ability, indicated by an intelligence score of 70 or below and difficulty in adapting to the demands of life; varies from mild to profound.

Terman's Studies

A series of longitudinal studies led by Lewis Terman that focused on the development and characteristics of gifted children over their lifespan.

IQ Scores

Quantitative measures used to assess human intelligence, typically derived from standardized tests designed to evaluate a variety of cognitive abilities.

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The ability to produce novel and valuable ideas.