"In Truth,intelligence Has Become

question 79

Multiple Choice

"In truth,intelligence has become ...a word with so many meanings that finally it has none." This is a quote from

• A)E.L.Thorndike.
• B)E.G.Boring.
• C)Francis Galton.
• D)Charles Spearman.

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Definitions:

Labor Migration

the movement of people from one area to another for the purpose of employment.

Implicit Cost

The opportunity cost associated with a firm's use of resources that it owns, measured by the income the firm foregoes by utilizing these resources in-house rather than engaging them elsewhere for profit.

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, at a new location.

Implicit Cost

Implicit cost refers to the opportunity cost associated with a company's use of resources that it already owns, without direct payment, reflecting the potential income lost in choosing one alternative over another.