Consider the Basic AD/AS Model

question 64

Multiple Choice

Consider the basic AD/AS model.Suppose that a rising percentage of high-school graduates are illiterate,resulting in a decrease in average labour productivity.This change will

• A)shift the AD curve to the left.
• B)shift the AD curve to the right.
• C)shift the AS curve to the left.
• D)shift the AS curve to the right.
• E)cause a movement to the right along the AS curve.

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Definitions:

Content Validity

The degree to which a test or measurement accurately represents the concept it intends to measure, based on the thoroughness of the content included.

Concurrent Validity

The extent to which test results correlate with those of previously established tests of the same ability or trait.

Content Validity

The extent to which a test represents all facets of the concept or constructs it is supposed to measure.

Predictive Validity

The extent to which a score on a test or assessment predicts future performance on a related task or outcomes.