Professor Swanson Developed an Index of Marital Happiness

question 17

Multiple Choice

Professor Swanson developed an index of marital happiness.Several items in Swanson's questionnaire were not a part of the index (i.e. ,"How many serious quarrels or arguments have you had with your spouse in the past year?") Swanson compared the index scores of marital happiness with these questions.Swanson was doing:

• A)index validation.
• B)item analysis.
• C)external validation.
• D)index validation and item analysis.
• E)index validation and external validation.

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Definitions:

Cost of Borrowing

The interest and any other charges incurred by borrowing money.

Open-Market Purchases

The buying of government bonds by a central bank to inject money into the economy and expand economic activity.

Investment

The allocation of resources, usually money, in the expectation of generating an income or profit.

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), representing the value of all goods and services produced over a specific period at constant prices.