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Internal Validity Refers to What Extent Would the Results Found

question 13

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Internal validity refers to what extent would the results found in the lab setting be transferable or generalizable to the actual organizational or field settings.


Definitions:

Goods and Services

Physical items (goods) and intangible assistance or work (services) provided to satisfy the needs and wants of consumers.

Total Supply of Money

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and liquid assets.

Rates of Growth

The rate at which a variable such as output, income, or population expands over a specific period of time, usually expressed as a percentage.

Unemployment

The situation in which individuals who are willing and able to work are unable to find employment.

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