Maurice Has an Extremely High IQ-Over 150

question 34

Multiple Choice

Maurice has an extremely high IQ-over 150. He has complained about never having held down a job that satisfied him. Which of the following possibilities is MOST likely, based on the research findings presented in the chapter? 

• A) Maurice is an outlier because most intelligent people are satisfied in their jobs.
• B) Maurice is more intelligent than his supervisors and they are jealous.
• C) Maurice may not have been in a position in which he has been challenged.
• D) Maurice, as well as other intelligent people, tend to lack social skills.

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Definitions:

Reserve Ratio

The reserve ratio is the fraction of total deposits that a bank is required to hold in reserve and not loan out, acting as a regulatory tool to ensure the stability of the banking system.

Bank Reserves

Funds that banks hold to meet immediate withdrawal demands and regulatory requirements.

Money Supply

The total amount of money—coins, currency, and bank deposits—circulating in an economy.

Money Multiplier

The ratio that measures the maximum amount of commercial bank money that can be created by a given unit of central bank money.