All of the Following Would Affect the Position of a Country's

question 5

Multiple Choice

All of the following would affect the position of a country's production possibilities curve,except:

• A) the quantity of labor.
• B) the level of unemployment.
• C) the amount of the capital stock.
• D) technological progress.

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Definitions:

Criterion-related Validity

The extent to which a measure is associated with an external criterion or outcome, assessing the test's predictive or concurrent accuracy.

Content Validity

The extent to which a test measures all aspects of the concept it intends to measure.

Criterion-related Reliability

A measure of how well a test predicts or correlates with a specific outcome or behavior, used to assess the validity of the test for specific purposes.

Construct Validity

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