The Yardstick Most Often Used to Compare Living Standards Across

question 40

Multiple Choice

The yardstick most often used to compare living standards across nations is

• A)average production cost per unit
• B)sales revenue per month
• C)utility per capita
• D)output per capita
• E)imports per year

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Definitions:

Internal Validity

The extent to which a study can establish a causal relationship between variables, free of confounding factors.

External Validity

The extent to which the results of a study can be generalized to other situations and to other people.

Construct Validity

The extent to which a test measures what it claims to be measuring; it's about the accuracy of the operationalization of the variables.

Qualitative Research

A research strategy focusing on understanding concepts, thoughts, or experiences through in-depth collection and analysis of non-numerical data like text, audio, or video.