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If Average Labor Productivity Increases While Population and the Number

question 74

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If average labor productivity increases while population and the number of employed workers remain constant, then total output:


Definitions:

Test-retest Reliability

The degree to which the same test or assessment yields consistent results over time when taken by the same individual under the same conditions.

External Validity

The extent to which the results of a study can be generalized to other situations and to other people.

Interrater Reliability

A measure of how consistently different observers or raters assess, score, or judge a particular trait, behavior, or outcome.

Placebo

A harmless pill, medicine, or procedure prescribed more for the psychological benefit to the patient than for any physiological effect.

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