Of the Standards Below, There Is One That Is NOT

question 223

Multiple Choice

Of the standards below, there is one that is NOT used to evaluate the usefulness of a personality theory:

• A) if the theory generates data and results that apply generally to all people.
• B) if the theory allows the prediction of future events with some precision.
• C) how well the theory provides a comprehensive framework in which known material can be incorporated.
• D) how well the theory stimulates the discovery of new knowledge.

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Definitions:

Production Possibility Frontier

A graph that shows the highest possible production levels for two different products, using specific resources.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the potential benefits missed.

Inward

Often used in economics to describe movements towards the center of an economic system, such as inward investment, referring to investment in domestic resources from foreign entities.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision, representing the benefits one could have received by taking the alternative action.