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The Validity of Answers on Personality Tests and on Surveys

question 20

True/False

The validity of answers on personality tests and on surveys often is threatened by response styles.


Definitions:

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be consumed by anyone without reducing its availability to others.

Marginal Revenue

The additional revenue generated from selling one more unit of a good or service.

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.

Externality

Actions of one party impose costs or benefits on a second party.

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