People Debate Whether Standardized Tests, Such as the ACT and SAT

question 70

Multiple Choice

People debate whether standardized tests, such as the ACT and SAT, are predictors of college performance.This is essentially a debate about:

• A) validity.
• B) reliability.
• C) confounding variables.
• D) hypothesis testing.

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Definitions:

Net Capital Outflow

The difference between a nation's total exports of physical assets and its total imports of physical assets within a given period.

Domestic Assets

Assets located within a country's borders, including both tangible and intangible assets owned by residents or entities, and contributing to the national economic value.

Trade Surplus

A situation where a country's exports exceed its imports over a given period, indicating a net inflow of domestic currency from foreign markets.

Foreign Direct Investment

Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country.