Dermont Is Studying Lists of Items and Definitions of Specific

question 40

Multiple Choice

Dermont is studying lists of items and definitions of specific terms. He realizes that he must overlearn these details because the questions on this type of test contain very little information that could help him with the right answer. Dermont is most likely taking a(n) __________ test.

• A)projective
• B)objective
• C)multiple-choice
• D)short-answer

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Definitions:

Income Elasticity

A measure of how much the demand for a good or service changes in response to changes in the consumer's income.

Midpoint Method

A technique used to calculate the percentage change between two values, avoiding the problem of path dependency by using the average of the initial and final values as the base.