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If the real rate of interest is 12% and the nominal rate of interest is 31%, then the rate of inflation must be about
Intelligence Test
A standardized measure designed to assess human intelligence, quantifying abilities such as reasoning, problem-solving, and understanding complex ideas.
Alfred Binet
A French psychologist who, with Theodore Simon, developed the first intelligence test in the early 20th century.
Mental Age
A measure of an individual's mental attainment based on the age at which an average individual achieves a particular score on a test of intelligence or aptitude.
Chronological Age
The age of an individual or object expressed as the amount of time since their date of birth or creation.
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