When Income Comparisons Are Made Using Purchasing Power Parity Rather

question 131

True/False

When income comparisons are made using purchasing power parity rather than market exchange rates, the gap in per capita income between developed and developing countries becomes smaller.

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Definitions:

Test-retest Reliability

The consistency of an individual's scores on the same test administered on two different occasions.

Content Validity

The degree to which a test or assessment measures all facets of the concept it intends to measure.

Internal Consistency

A measure of reliability; the degree to which different test items that propose to measure the same general construct produce similar results.

Odd-even Reliability

A measure of internal consistency reliability where a test is split into two parts (odd and even items) to assess the consistency of results across these halves.