Exhibit 3-11 Demand and Supply Curves

question 95

Multiple Choice

Exhibit 3-11 Demand and supply curves

-In Exhibit 3-11,in Panel A the movement from A to B describes a(n) :

• A) increase in demand and an increase in the quantity supplied.
• B) increase in the quantity demanded and an increase in supply.
• C) decrease in demand and a decrease in the quantity supplied.
• D) decrease in the quantity demanded and a decrease in supply.
• E) decrease in the quantity demanded and an increase in supply.

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Definitions:

Test-Retest Reliability

A measure of consistency where the same test administered to the same group of individuals at two different points in time produces similar results.

Normal Distribution

A bell-shaped frequency distribution where most occurrences take place near the mean and fewer occur as the distance from the mean increases.

Criterion-Referenced Testing

involves evaluating and scoring a test taker's performance based on a specific set of criteria or standards, rather than comparing it to the performance of a peer group.

No Child Left Behind

A U.S. Act aimed at closing the achievement gap with accountability, flexibility, and choice, so that no child is left behind.