A Psychologist Tests a Group of Students with an Intelligence

question 154

Multiple Choice

A psychologist tests a group of students with an intelligence test. After 6 months she retests the same group of students with the same intelligence test and finds that there is a high correlation (+.85) between each student's pair of scores over the 6-month interval. Based on her findings we can conclude that the intelligence test has

• A)good test-retest reliability
• B)poor internal consistency
• C)good face validity
• D)poor interjudge reliability
• E)inadequate construct validity

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Definitions:

Markets for Factors

Places where factors of production (such as labor, capital, and land) are bought and sold, affecting their prices and allocation.

Markets for Goods

Places or platforms where goods and physical products are bought and sold, ranging from physical marketplaces to online stores.

Flow of Dollars

The movement of money through an economy, tracking how dollars are transferred from one sector to another.

Circular-Flow Diagram

A Circular-Flow Diagram is a visual model of the economy that shows how dollars flow through markets among households and firms.