Intelligence Is to "Competence," as Achievement Is to Which of the Following

question 7

Multiple Choice

Intelligence is to "competence," as achievement is to which of the following?

• A) genetics
• B) performance
• C) environment
• D) learning ability

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Definitions:

Demand-Pull Inflation

A situation where prices rise because the demand for goods and services exceeds their supply in the economy.

Aggregate Demand

The total amount of goods and services demanded in the economy at a given overall price level and in a given time period.

Aggregate Supply

The total supply of goods and services available to an economy from producers at a given overall price level and at a given time period.

Hyperinflation

An extremely high and typically accelerating inflation rate, causing a rapid erosion of currency's value.