Other Things the Same,people in the U

question 120

Multiple Choice

Other things the same,people in the U.S.would want to save more if the real interest rate in the U.S.

• A)fell.The increased saving would increase the quantity of loanable funds demanded.
• B)fell.The increased saving would increase the quantity of loanable funds supplied.
• C)rose.The increased saving would increase the quantity of loanable funds demanded.
• D)rose.The increased saving would increase the quantity of loanable funds supplied.

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Definitions:

Criterion Validity

The extent to which a measure is related to an outcome. It assesses whether a test reflects a certain set of abilities by correlating test results with a criterion measure.

Face Validity

The extent to which a test appears to measure what it is supposed to measure at face value.

Naturalist Intelligence

A type of intelligence described by Howard Gardner, involving sensitivity to and understanding of the natural world and living things.

Intrapersonal Intelligence

A type of intelligence that involves the capacity to understand oneself, including one's emotions, motivations, and thoughts.