Stephanie Stops at a Gas Station to Fill Up the Tank

question 70

Multiple Choice

Stephanie stops at a gas station to fill up the tank of her car.The unleaded gasoline in her tank is BEST described as a(n) :

• A)private good.
• B)public good.
• C)artificially scarce good.
• D)common resource.

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Definitions:

Validity

The extent to which a test measures what it claims to measure.

Internal Consistency

A measure of reliability assessing the degree to which different test items that propose to measure the same general construct produce similar results.

Item Score

The value or mark assigned to an individual response on a test or assessment.

Total Score

The sum of all individual scores or points in a dataset or assessment.