Examlex
The "Flynn effect" refers to
Economic Efficiency
A state in which resources are allocated in a way that maximizes the production of goods and services at the lowest cost.
Monetary Policy
The management of a country's money supply and interest rates by its central bank, aimed at controlling inflation, stabilizing currency, and achieving economic growth.
Rent-seeking Behavior
Activities aimed at gaining economic benefits through manipulative or exploitative means, without contributing to productivity, typically by influencing government policies or regulations.
Transfer of Wealth
The movement of financial assets or resources from one individual, group, or area to another, often influenced by policies or events.
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