Which Is the Best Explanation for Why Standard of Living

question 113

Multiple Choice

Which is the best explanation for why standard of living only increases through productivity?

• A) The more goods that are available, the lower prices will be.
• B) More goods are available without having to come by additional resources.
• C) Productivity increases the money supply in an economy.
• D) Purchasing power increases when there is more consumer choice.
• E) Prices are determined by the standard of living.

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Definitions:

Terman's Study

A longitudinal research project led by Lewis Terman that began in 1921 to study intellectual and personal development of gifted children over their lifespan.

Mental Health Issues

Refers to a wide range of mental health conditions — disorders that affect your mood, thinking, and behavior.

Gifted Children

Children who exhibit a significantly higher level of intellectual, creative, or artistic ability compared to their peers.

Morphemes

The most minimal elements in a language that have meaningful content.