What Are the Two Types of Intelligence Described in Horn

question 79

Multiple Choice

What are the two types of intelligence described in Horn and Cattell's (1966) model of intelligence?

• A) fluid intelligence and crystallized intelligence
• B) cerebral intelligence and cerebellar intelligence
• C) longitudinal intelligence and cross-sectional intelligence
• D) creative intelligence and cognitive intelligence

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Definitions:

Economic Profit

The return flowing to those who provide the economy with the economic resource of entrepreneurial ability; the total revenue of a firm less its economic costs (which include both explicit costs and implicit costs); also called “pure profit” and “above-normal profit.”

Accounting Costs

The explicit costs of running a business, such as wages, rent, and materials, recorded in the financial statements.

Total Revenue

The total amount of money received by a firm from sales of its products or services before any expenses are subtracted.

Average Product

The output per unit of input, for example, the average quantity of product produced per worker or per machine.