Examlex
According to purchasing power parity theory, if ________ is(are) in equilibrium, products will cost the same in each country.
Lacks Reliability
A term indicating that a process, test, or result does not consistently produce the same measurements or outcomes under the same conditions, questioning its trustworthiness.
Lacks Validity
A term indicating that a measure or study does not accurately reflect or measure what it is supposed to.
Reliability
The degree to which a measurement, test, or instrument yields consistent results over time, contributing to its trustworthiness and accuracy.
Validity
The extent to which a test, measure, or research adequately reflects or assesses the specific concept it is intended to.
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