An 8-Year-Old Child Who Scored Like an Average 10-Year-Old on an Intelligence

question 139

Multiple Choice

An 8-year-old child who scored like an average 10-year-old on an intelligence test would have a mental age of __________ and an IQ of __________

• A) 8; 80.
• B) 8; 125.
• C) 10; 100.
• D) 10; 125.

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Definitions:

Central Planning

An economic system where the government makes all decisions on the production and distribution of goods and services.

Freedom of Enterprise

the ability of individuals to start and manage their own businesses without undue restriction or interference.

Entrepreneurs

Individuals who start, organize, manage, and assume the risk for a business or enterprise, often introducing new products or services to the market.

Economic Resources

Assets or materials that can be used in the production of goods and services, including labor, capital, and natural resources.