The Office of Price Administration

question 34

Multiple Choice

The Office of Price Administration:

• A) was designed to combat the serious wartime deflation
• B) was designed to raise consumer prices
• C) set price ceilings on and rationed highly demanded items such as tires, sugar, and gasoline
• D) lacked any authority to set consumer prices or ration any items
• E) set price ceilings and directed the rationing of all goods and items for sale in the wartime economy

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Definitions:

G Factor

The general intelligence factor, theorized to represent common cognitive abilities underlying specific intelligence measures.

Analytical Intelligence

The skill to scrutinize, appraise, discern, and juxtapose information.

Practical Intelligence

The ability to solve everyday problems by utilizing knowledge gained from experience in order to effectively deal with challenges and adapt to one's environment.

Creative Intelligence

The ability to produce new products, ideas, or innovative solutions to problems within a cultural setting.