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The Percentage of Test Takers Who Respond Correctly to a Test

question 51

Multiple Choice

The percentage of test takers who respond correctly to a test item is a measure of the item's ______.


Definitions:

Real Hourly Wages

The hourly wage of workers adjusted for inflation, representing the purchasing power of the income.

Real Wages

Wages adjusted for inflation, giving a true measure of the purchasing power of earned income over time.

Hourly Wage

The amount of money paid to an employee for every hour worked.

Fringe Benefits

Nonwage compensation, mainly medical insurance, that workers receive from employers.

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