The Inflation of the Sixteenth and Early Seventeenth Centuries

question 42

Multiple Choice

The inflation of the sixteenth and early seventeenth centuries

• A) severely hampered commercial expansion.
• B) caused a shift in industry to urban locales.
• C) caused a decline in the standard of living for wage earners and those on fixed incomes.
• D) was caused largely by a declining labor force.
• E) was the result of too little money in circulation.

---

Definitions:

Reliability

The degree to which an assessment tool produces stable and consistent results over multiple administrations or applications under the same conditions.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

100% Reliable

An absolute level of dependability and consistency in performance or outcome that is often considered unachievable in practice.

Construct Validity

Construct validity is demonstrated when the measures of one concept or construct agree with the measures of other related concepts.