If Economists Forecast a Decrease in Aggregate Expenditure,which of the Following

question 171

Multiple Choice

If economists forecast a decrease in aggregate expenditure,which of the following is likely to occur?

• A)GDP will rise.
• B)GDP will fall.
• C)Wages will rise.
• D)Inventories will fall.

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The degree to which the results of a test correlate with the results of other established measures taken at the same time.

Test-retest Reliability

Test-retest reliability is a measure of the consistency of a psychological test or assessment's results over time when administered to the same individuals on separate occasions.

Content Validity

pertains to how well a test measures every aspect of the specified domain or topic it is intended to assess.