The Improvement of Average IQ That Has Been Found Around

question 57

True/False

The improvement of average IQ that has been found around the world in just a few generations is referred to as the "Flyer Effect" since worldwide travel by air has become more common.

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Definitions:

Marketing Rights

The permissions or licenses purchased or acquired by entities to promote, sell, or distribute a product or service.

Dutch Auction

Auction in which a seller begins by offering an item at a relatively high price, then reduces it by fixed amounts until the item is sold.

Winner's Curse

A situation in auctions where the winner tends to overpay due to overly optimistic valuation of the item.

First-Price

A type of auction in which the highest bidder wins and pays the price they bid.