Which Technique Would Psychologists Use to Assess Whether a Cluster

question 105

Multiple Choice

Which technique would psychologists use to assess whether a cluster of characteristics that includes ambition, determination, persistence, and self-reliance reflects a single personality trait?

• A) projective testing
• B) factor analysis
• C) empirically derived testing
• D) free association

---

Definitions:

Interest Rate

The fee a lender imposes on a borrower for access to assets, denoted as a proportion of the principal sum.

Economic Profit

The difference between total revenue and total costs, including both explicit and opportunity costs.

Investment Return

The gain or loss on an investment over a specified period, usually expressed as a percentage of the investment's cost.

Capital Income

Income earned on savings that have been put to use through financial capital markets.