Face Validity Is Based on Theory, Instead of How the Test

question 8

True/False

Face validity is based on theory, instead of how the test appears.

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Definitions:

Output

The amount of goods or services produced by a company, industry, or economy in a given period.

Marginal Social Benefit

The additional benefit to society from one more unit of a good or service being produced and consumed.

Marginal Social Cost

The additional cost incurred by society as a whole from producing one more unit of a good or service, including both private costs and any externalities.

Pollution

The introduction of harmful substances or products into the environment, causing adverse effects.