Validity Refers To

question 55

Multiple Choice

Validity refers to:

• A) a composite measure of several variables used to measure a single concept.
• B) the degree to which measures yield consistent results.
• C) the ability of a scale to measure what was intended to be measured.
• D) the ability to accurately measure variability in responses.

Comprehend the role of venture philanthropy in supporting nonprofit organizations.

Acknowledge the importance of corporate social responsibility (CSR) in hybrid models of social entrepreneurship.

Understand the concept of social venture capital and its implications for economic development and social impact.

Distinguish between social, enterprising nonprofits, and hybrid models of social entrepreneurship.

---

Definitions:

APC (Average Propensity to Consume)

The fraction of income that households plan to spend on goods and services; it is the ratio of total consumption to total disposable income.

Disposable Income

Refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.

APS (Average Propensity to Save)

The fraction of total income that is saved by the average household.

Disposable Income

The amount of money an individual or household has to spend or save after income taxes have been deducted.