Exhibit 9-1: Choose the Type of Evidence for Validity That

question 64

Multiple Choice

Exhibit 9-1: Choose the type of evidence for validity that is referred to in the following questions.
-Refer to Exhibit 9-1.The sample of items is representative of the course subject matter.

• A) evidence based on content
• B) evidence based on internal structure
• C) evidence based on relationship to other variables

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Definitions:

Neoclassical Models

Economic models based on the principles of neoclassical economics that emphasize rational behavior, supply and demand equilibrium, and the efficiency of markets.

Behavioral Economics

A field of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect the economic decisions of individuals and institutions.

Nudges

Subtle policy or design changes aimed at influencing people's behavior in predictable ways without restricting their choices.

Heuristics

Simple, efficient rules or methods used to make judgments and decisions based on limited information, often leading to satisfactory but not always optimal solutions.