What Has Been Suggested as a Reason for the Severity

question 197

Multiple Choice

What has been suggested as a reason for the severity of the Great Depression?

• A) a decline in output
• B) a decrease in prices
• C) a large increase in the money supply
• D) the lack of a central bank in Canada

---

Definitions:

Construct Validity

The extent to which a test accurately measures the theoretical, non-observable construct or trait it is intended to assess.

Correlation

A statistical measure that describes the extent to which two variables change together.

Concurrent Validity

Refers to the extent to which the results of a particular test or measurement correspond to those of a previously established measurement for the same construct.

Error Of Measurement

The difference between a measured value and the true value due to limitations in measurement accuracy or technique.