A Study Examines Scores on an Employment Test and Job

question 43

Multiple Choice

A study examines scores on an employment test and job performance six months later. This study is most likely attempting to establish

• A) criterion validity.
• B) face validity.
• C) reliability.
• D) construct validity.

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Definitions:

Inferior Good

A type of good whose demand decreases when the income of consumers increases, opposite to normal goods.

Consumer Income

Consumer income is the total earnings of an individual or household from various sources, including employment, investments, and government assistance, available for spending and saving.

Price Floor

A government or group-imposed limit that prevents prices of goods or services from falling below a certain level.

Equilibrium Price

The price in the market where the amount of products offered matches the amount of products people want to buy.