Examlex
In a pure command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are all dictated by the interaction of demand and supply.
Cognitive Ability
Refers to the capacity of the brain to think, learn, solve problems, and process information.
Stanford Achievement Test
A standardized test used primarily in the education sector to assess students' knowledge in various subject areas.
Reliability
The degree to which an assessment tool produces stable and consistent results over time.
Validity
Refers to the degree to which a test accurately measures what it is intended to measure.
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