Which of the Following Best Characterizes the Long-Term Outcome of Individuals

question 76

Multiple Choice

Which of the following best characterizes the long-term outcome of individuals that were characterized as gifted in Terman's longitudinal study of intelligence?

• A)a higher-than-normal rate of ill health, alcoholism, and delinquent behaviour
• B)high productivity in their chosen occupations
• C)an increased risk for suicide
• D)a decline in intellectual achievement and accomplishment

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Definitions:

Pure Exchange Economy

An economic model where there is no production, and agents trade endowments of goods that they own initially.

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to the levels of satisfaction those goods provide.

Numeraire

A standard unit of account in economics used to compare the value of goods and services.

Perfect Substitutes

Goods that a consumer is completely indifferent between, meaning they will substitute one for another at a constant rate regardless of any change in price or utility.