Binet and Simon Originally Developed Their Famous Test to

question 38

Multiple Choice

Binet and Simon originally developed their famous test to

• A) identify children who might have difficulty in school.
• B) identify gifted children.
• C) measure the intelligence of adults.
• D) measure the intelligence of normal children.

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Definitions:

Constant Rate

A steady, unchanging rate of change in a mathematical or economic process.

Comparative Advantage

The skill of any individual, enterprise, or country in producing a certain good or service with a lesser opportunity cost than that of their competitors.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing an action.

Production Possibilities

The various combinations of goods and services that can be produced in an economy with a given set of resources and technology.