Defining a Concept by the Way That It Is Measured

question 57

Multiple Choice

Defining a concept by the way that it is measured is called _____.

• A)a valid definition
• B)a definition with construct validity
• C)a definition with face validity
• D)an operational definition

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in a market.

Assessed Valuation

The valuation assigned to property by a public tax assessor for the purpose of taxation.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Assessed Valuation

The dollar value assigned to a property by a public tax assessor for the purposes of taxation.