______ Is the Basis for Validity Generalization

question 46

Multiple Choice

______ is the basis for validity generalization.

• A) Face validity
• B) Known-group validity
• C) Meta-analysis
• D) Utility

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Definitions:

Market Economy

An economic system where supply and demand from consumers and businesses dictate the production and pricing of goods and services.

Supply and Demand

Fundamental economic model based on the idea that the price and quantity of a good or service is determined by the availability (supply) and desire (demand) of that good or service.

Rationing Mechanism

A system used to allocate scarce goods and services using criteria other than price.

Surplus

An excess of supply over demand, resulting in an accumulation of unsold products or unused resources.