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What adjusts to restore general equilibrium after a shock to the economy?
Validity
The extent to which a test or instrument measures what it is supposed to measure.
Internal Consistency
The degree to which items in a psychological test measure the same construct, indicating the reliability of the test.
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The driving force behind striving to succeed or meet standards of excellence.
Statistical Analysis
The process of collecting, analyzing, interpreting, and presenting data to uncover underlying patterns and trends.
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