Actual Investment Spending Includes Spending by Consumers on

question 227

Multiple Choice

Actual investment spending includes spending by consumers on

• A)durable goods.
• B)nondurable goods.
• C)new houses.
• D)services.
• E)stocks and bonds.

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Definitions:

Concurrent Validity

A measure of how well a particular test correlates with a previously validated measure taken at the same time.

Construct Validity

The extent to which a test measures the theoretical construct or concept it is intended to measure.

Content Validity

A type of validity that examines how well a test samples a universe of items.

Reliability

The extent to which a measurement instrument yields reliable and uniform outcomes across various occasions.