An Operational Definition of a Construct Is

question 58

Multiple Choice

An operational definition of a construct is

• A) an intervening variable that connects independent and dependent variables.
• B) a specific procedure for producing or measuring the construct.
• C) reliable, because it is consistent.
• D) valid, because it is truthful.

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Definitions:

Labor-Productivity

The measure of the amount of goods and services produced by one hour of labor.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to more efficient international trade.

Comparative Advantage

The ability of an individual, company, or country to produce a particular good or service at a lower opportunity cost than competitors, leading to more efficient international trade.

Comparative Advantage

A principle in international trade that suggests a country should export goods in which it is more efficient and import those in which it is less efficient, compared to other countries.