Josh Is Currently Consuming Some of Good X and Some

question 462

Multiple Choice

Josh is currently consuming some of good X and some of good Y.If good Y is a normal good for Josh,an increase in his income will definitely cause him to

• A) increase his consumption of X.
• B) increase his consumption of Y.
• C) decrease his consumption of X.
• D) decrease his consumption of Y.

Distinguish between tests focused on assessing specific content areas versus broad cognitive abilities.

Recognize the trade-offs between test types (open-ended vs. multiple-choice) in terms of reliability.

Understand predictive validity estimates for cognitive ability tests in educational settings.

Recognize the purpose and content areas of widely used standardized tests.