Response Latency

question 49

Multiple Choice

Response latency:

• A) is related to the concept of psychological distance between alternatives, as measured by the decision time taken to make a choice between the alternatives.
• B) refers to latent error existing in mechanical observation techniques.
• C) is a computer-based statistical procedure based on a latency matrix.
• D) is a measure of the observer's reaction time in recording the occurred behaviour.

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Definitions:

Surplus Of Workers

A situation in the labor market where the number of individuals looking for employment exceeds the number of available jobs, often leading to higher unemployment rates.

Signaling Theory

A theoretical framework that explains how individuals or entities use certain signals or indicators to show their desirable qualities in various markets, including job and education markets.

Human-Capital Theory

An economic framework that suggests the accumulation of education, training, and health can improve workers' productivity and thus the economic output of a nation.

Human-Capital Theory

The concept suggesting that investing in education and training improves the productivity and efficiency of individuals, making them more valuable to employers and increasing their potential income.