A Measure That Consistently and Accurately Measures What Is Supposed

question 20

Multiple Choice

A measure that consistently and accurately measures what is supposed to measure is ____.

• A)both valid and reliable
• B)neither valid nor reliable
• C)valid but not reliable
• D)reliable but not valid

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Definitions:

Demand Deposits

Bank accounts from which deposited funds can be withdrawn at any time without any notice to the bank, such as checking accounts.

Federal Reserve Board

The governing body of the Federal Reserve System, responsible for overseeing the United States' central bank policies, including regulating banks and setting interest rates.

Federal Open Market Committee

The branch of the Federal Reserve System responsible for setting monetary policy, including influencing interest rates and controlling the money supply.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance government spending and obligations, considered low-risk investments.