Which of the Following Is FALSE

question 81

Multiple Choice

Which of the following is FALSE?

• A)It is true about psychological measurement that the situation in which the measurement is obtained can affect the score obtained.
• B)Random error is also known as constant error.This is due to the fact that there are typically an equal number of positive and negative errors that yield a constant sum.
• C)The validity of a measurement instrument refers to the extent to which differences in scores reflect true differences among entities on the characteristic that the instrument seeks to measure.
• D)All of these are false.
• E)None of these are false.

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Definitions:

Stability

The condition where an economy or a financial system operates without excessive fluctuations or crises.

High Prices

Situations where the cost of goods and services are above average or expected levels.

Fed

The Fed, short for Federal Reserve System, is the central banking system of the United States, responsible for monetary policy, including regulating banks and managing the country's money supply.

Member Bank Reserves

The portion of deposits that banks must hold in reserve, either as physical cash or as deposits with the central bank, to ensure liquidity.