Which Statement About Tests of the Intellectual Achievement of Affluent

question 17

Multiple Choice

Which statement about tests of the intellectual achievement of affluent and poor children in various countries is TRUE?

• A) Affluent children in the United States score higher than do affluent children in countries with greater income equality.
• B) Affluent children in the United States score much lower than do affluent children in countries with greater income equality.
• C) Poor children in the United States score higher than do poor children in countries with greater income equality.
• D) Poor children in the United States score lower than do poor children in countries with greater income equality.

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Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall market capitalization remains the same.

Market Price

The present cost at which a service or asset is available for purchase or sale in the open market.

Paid-In Capital

The amount of capital provided by shareholders in exchange for shares of a company's stock.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn reduces the price per share.