In the Short Run

question 53

Multiple Choice

In the short run,

• A) spending determines income,but not the other way around
• B) income determines spending,but not the other way around
• C) spending determines the interest rate,but not the other way around
• D) spending determines income,and income determines spending
• E) spending determines the productivity,and productivity determines spending.

---

Definitions:

Informal Assessment

An evaluation method that does not follow standardized procedures, often used for observations, interviews, or unstructured tasks.

Bias

In assessments or measurements, it refers to systematic errors that skew results away from the true or intended measurement.

Assessment Process

The systematic collection, review, and use of information about educational programs undertaken for the purpose of improving student learning and development.