At Age 40,Joe Is Considering Quitting His Job and Going

question 46

Multiple Choice

At age 40,Joe is considering quitting his job and going back for a college degree.He needs two more years full-time.Tuition is $10,000 per year.He earns $30,000 per year.A college degree would raise his annual income by $10,000 per year.He will retire at age 70.Which of the following makes it more likely that Joe will decide to go back to college full-time?

• A) The rate of interest increases.
• B) The rate of interest decreases.
• C) The government enacts mandatory retirement at age 60.
• D) Tuition increases.

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Definitions:

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Tacit Knowledge

Sternberg’s term for information that is not formally taught but is necessary to get ahead.

Critical

Pertaining to the analysis, assessment, or evaluation of the merit, fault, or significance of something.

Componential

Relating to the components or elements of something; in psychology, it often refers to Sternberg's componential analysis of intelligence, one aspect of his triarchic theory.