The Concept of Scarcity

question 219

Multiple Choice

The concept of scarcity:

• A) exists in all societies.
• B) affects only greedy people.
• C) is the cause of poverty.
• D) used to be a problem,but is not an issue for modern industrial nations.

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Definitions:

Split-half Reliability

A measure of consistency where a test is divided into two parts and an individual's scores on both halves are compared.

Test-retest Reliability

A measure of the consistency of a psychological test or assessment tool across time, assessing the stability of test scores on repeated applications.

Alternate Forms Reliability

The consistency of the results of two tests constructed in the same way from the same content domain, administered to the same participants.

Item-total Correlation

The correlation between scores on individual items and the total score on all items of a test or questionnaire.