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Define the marginal propensity to consume. Graphically, how is the marginal propensity to consume shown?
Concurrent Validity
The construct validity of a measure is assessed by examining whether groups of people differ on the measure in expected ways.
Face Validity
Refers to the extent to which a test appears to measure what it claims to measure, based on superficial judgment.
Convergent Validity
A type of validity that assesses whether measures that should be related, based on the study hypotheses, are actually related.
Discriminant Validity
The extent to which a test or measure differentiates between distinct groups or constructs, showing it is not correlating too highly with measures from different constructs.
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