If an Investigator Found a

question 131

Multiple Choice

If an investigator found a +.50 correlation between parents' vocabularies and their children's vocabularies, it would mean that:

• A) children know about half as many words as their parents.
• B) the more words parents know, the more words their children know.
• C) by talking to them, parents increase their children's vocabularies.
• D) the relationship between parents' and children's vocabularies is too small to be of significance.

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Definitions:

Nominal GNP

Gross National Product measured in current prices, without adjusting for inflation.

Fair Market Value

Fair Market Value is the price at which an asset would trade in a competitive auction setting, reflecting the amount a willing buyer would pay to a willing seller.

Constant Growth

A situation or model where values (such as dividends or revenues) increase at a steady, unvarying rate over time.

Consumer Price Index (CPI)

A measure that examines the weighted average of prices of a basket of consumer goods and services, as an indicator of inflation.