Which of the Following Statements Is Incorrect

question 7

Multiple Choice

Which of the following statements is incorrect?

• A)In a first-best world, import-competing firms that are struggling to stay in business would be allowed to go out of business and workers would find jobs in other industries.
• B)If we want to help workers who lose jobs when a domestic industry shrinks, the specificity rule suggests that the government should provide subsidies to those workers to relocate to areas where jobs are available.
• C)According to the protectionists, the most efficient policy to save jobs in the import-competing industries is to impose barriers on imports.
• D)In a first-best world, if rising import competition is driving domestic producers out of business, the government must intervene to protect the domestic firms.

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Definitions:

Standards for Educational and Psychological Testing

Guidelines and principles established to ensure fairness, reliability, and validity in the creation and administration of tests.

Tripartite View

A perspective in psychology that divides the self into three components: the id, ego, and superego, as proposed by Sigmund Freud.

Unified View

A cohesive perspective that integrates different aspects or theories into a single, comprehensive understanding.

Face Validity

Assesses whether an instrument appears to look like it measures what it is meant to measure.