The Matthew Effect Is an Effect in Which the Difference

question 21

True/False

The Matthew effect is an effect in which the difference between good and poor readers increases over time. The name comes from the New Testament's Book of Matthew, which makes the observation that the rich get rich and the poor get poorer.

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Definitions:

Ten-Year Period

A specific duration of time that encompasses ten consecutive years.

Desired Sum

The target amount of money or financial value aimed to be achieved within a specific period or under certain conditions.

Invested

The act of allocating money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Annuity

A series of identical cash flows.