There Can Be No Confounding by Individual Differences Variables in the Repeated

question 20

Multiple Choice

There can be no confounding by individual differences variables in the repeated measures designs because

• A) intact groups of participants are assigned to the different conditions of the experiment.
• B) individual differences variables are held constant.
• C) the same participants are tested in all conditions.
• D) participants are tested in only one condition of the experiment.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, achieving market equilibrium.

Inverse Supply

Displaying how supply levels adjust based on varying price points; this model inversely associates the supply quantity with its price.

Inverse Demand

A rephrased definition: It refers to the relationship that shows the price of a good as a function of the quantity demanded, essentially the inverse function of a demand curve.

Tax

A required economic dues or other form of assessment exacted from a taxpayer by government authorities meant to finance government activities and assorted public costs.