Examlex
Starch and Elliot's classic 1912 experiments dealing with the extent of teachers' personal values and biases in scoring essay tests demonstrated what measurement issue that still plagues essay scoring today?
Productivity Growth
An increase in the efficiency of production, often measured as the ratio of output to inputs over a specific period, leading to greater outputs with the same or lesser inputs.
Economic Growth
A rise in the output of goods and services within an economy across a certain timeframe, usually gauged by the Gross Domestic Product.
Total Real Output
The total value of all goods and services produced in an economy, adjusted for inflation.
Disguised Unemployment
A situation where more workers are employed than is necessary for a given level of production, often due to lack of alternative employment options.
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