Binet and Simon Developed Their Original Test for Measuring Human

question 260

Multiple Choice

Binet and Simon developed their original test for measuring human intelligence in order to

• A) identify children whosetelligence was too low to profit from regular classroomstruction
• B) identify people who should not be allowed to vote.
• C) identify adolescents who should go to college.
• D) identify teachers who were not adequately prepared for the classroom.

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Definitions:

Federal Funds Rate

The interest rate at which banks lend reserves to each other overnight, serving as a key monetary policy tool of the Federal Reserve.

Open-Market Operations

The purchase and sale of U.S. government bonds by the Fed.

Fed

Short for the Federal Reserve System, the central banking system of the United States responsible for monetary policy.

Nominal Interest Rate

The interest rate as usually reported without a correction for the effects of inflation.