Which of the Following Is TRUE

question 54

Multiple Choice

Which of the following is TRUE?

• A) External validity is concerned with the issue of whether or not the specific treatment in which the researchers are interested has actually brought about the effect they have observed.
• B) A consumer good purchase experiment conducted in a mock-up store is more externally valid than the same experiment in a real store setting.
• C) External validity deals with the problem of projecting one's results from the experimental setting to the real world.
• D) Both A and C.
• E) A, B, and C.

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Definitions:

Equilibrium

A state in which market supply and demand balance each other, and as a result, prices become stable.

U.S. Interest Rates

U.S. interest rates are the rates at which interest is paid by borrowers for the use of money that they borrow from a lender, specifically within the United States.

Savings Account

A deposit account held at a bank or financial institution that earns interest and is designed for the purpose of saving rather than daily transactions.

Mortgage Loan

A loan used to purchase a piece of property, where the property itself serves as collateral for the loan.