To Say That a Test Was Empirically Derived Means That

question 17

Multiple Choice

To say that a test was empirically derived means that

• A) it was created by selecting from a pool of items those that discriminate between groups.
• B) it contains longer questions,covering a wide range of feelings and behaviors..
• C) it is used to assess selected personality traits.
• D) it identifies clusters of test items that tap basic trait components.

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Definitions:

Import Demand Curve

A downsloping curve showing the amount of a product that an economy will import at each world price below the domestic price.

Terms of Trade

The ratio at which a country can trade its exports for imports from other countries, reflecting the relative prices of exports and imports.

Gains from Specialization

The increase in overall production and efficiency that occurs when individuals or entities focus on specific tasks or functions they perform best.

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.