Internal Validity Is to External Validity as

question 217

Multiple Choice

Internal validity is to external validity as

• A) demand characteristics is to experimenter expectancy
• B) between subjects is to within subjects
• C) sampling is to correlation
• D) control is to generalization
• E) independent is to dependent

Know the basic definitions and goals of psychology.

Grasp the concept of cognitive behaviorism and its distinction from radical behaviorism.

Understand the relationship between bond prices, interest rates, and bond sensitivity.

Identify and explain various bond terms and concepts including coupon rate, yield to maturity, call protection, and indenture.

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Definitions:

Sticky Wages

The tendency of nominal wages to adjust slowly to changes in the economy, such as inflation or unemployment, often leading to disequilibrium in the labor market.

Actual Price Level

The current average of all prices of goods and services in an economy, reflecting the purchasing power of money.

Quantity of Output

The total amount of a product or service that is produced by a company or an economy.

Short Run

A period in economics during which at least one factor of production is fixed, typically understood as a timeframe insufficient for adjusting all inputs.