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The model of monopolistic competition characterizes a city's market for plumbing services. Suppose that the market is initially in long-run equilibrium, and then demand for plumbing services increases. In the short run, plumbing services' price will _____ and output will _____.
Flynn Effect
The observed substantial and long-term increase in both fluid and crystallized intelligence test scores measured in various parts of the world over the 20th century.
Flynn Effect
The significant and enduring rise in scores for both fluid and crystallized intelligence tests across various regions globally throughout the 20th century.
Mean IQ Score
The average score derived from standardized tests designed to measure human intelligence.
Flynn Effect
The observed substantial and long-term increase in intelligence test scores, measured in many parts of the world from roughly 1930 to the present day.
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