Cohort Effects Occur When

question 241

Multiple Choice

Cohort effects occur when

• A) one group of research participants is repeatedly tested as they age.
• B) different age groups are tested at one point in time.
• C) a current event effects the behavior of research participants.
• D) the researcher uses a biased testing procedure.

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Definitions:

Partial Equilibrium

An analysis focusing on the equilibrium in a single market without considering its effects on or from other markets.

Equilibrium Conditions

A state in a market where the quantity of a good supplied equals the quantity demanded, resulting in market stability and no pressure for price changes.

Supply Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity that suppliers are willing to offer for sale over a given period.

Capital Flow

The movement of money for the purpose of investment, trade, or business production.