Fluid Intelligence Refers to

question 11

Multiple Choice

Fluid intelligence refers to

• A) reasoning ability and the capacity to draw upon prior experiences.
• B) crystallized intelligence.
• C) innate intellectual potential.
• D) what has been learned from formal education.

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Definitions:

Economic Profit

The gap between a company's overall income and its combined direct and indirect expenses.

Mutual Fund

A financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets.

How Much Decision

Decisions relating to the quantity of goods or services to use, produce, or purchase, typically based on cost-benefit analysis.

Opportunity Cost

In economics, it refers to the benefit lost when choosing one alternative over another.