The Scientific Study of the Changes That Occur in People

question 233

Multiple Choice

The scientific study of the changes that occur in people as they age from conception to death is called ________.

• A) abnormal psychology
• B) gerontology
• C) human development
• D) maturational studies

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Definitions:

Production Costs

The total expenses incurred in the manufacture of a product, including raw materials, labor, and overhead.

Economic Profits

The surplus left after deducting both explicit and implicit costs from total revenues.

Savings Account

A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.

Interest Rate

The cost of borrowing money or the return on investment expressed as a percentage, typically on an annual basis.