When Findings from a Study Are Likely to Generalize to Other

question 140

Multiple Choice

When findings from a study are likely to generalize to other people and other settings, the study is said to have ____.

• A)external validity
• B)internal validity
• C)construct validity
• D)mundane realism

---

Definitions:

Adam Smith

A Scottish economist, philosopher, and author, often considered the father of modern economics known for his theories on free markets and the 'invisible hand' guiding economies.

Free Trade

An economic policy that allows imports and exports with little to no government tariffs, quotas, or subsidies, aiming to enhance global economic efficiency.

Balance of Trade

The difference in value between a country's imports and exports over a certain period, indicating how much more goods and services a nation exports than it imports.

Services

Intangible products such as consulting, banking, cleaning, and education that are consumed at the point of sale.