Cindra Achieved an Intelligence Test Score of 100 on a Current

question 58

Multiple Choice

Cindra achieved an intelligence test score of 100 on a current version of the Stanford-Binet test.This indicates that relative to other adults her age her intellectual abilities

• A) are above average.
• B) are average.
• C) are below average.
• D) cannot be measured.

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Definitions:

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain.

Human Capital

The stock of competencies, knowledge, social and personal attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

Physical Capital

Assets that are tangible, such as machinery, buildings, and equipment, which are used in production to create other goods or services.

Production Function

A mathematical model that describes the relationship between inputs used in production and the output of goods or services.