Scarcity:​

question 147

Multiple Choice

Scarcity:​

• A)​exists in command economies.
• B)​exists in market economies.
• C)​exists only for the poor in any type of economy.
• D)​(a) and (b) above are correct

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Definitions:

Raw Scores

The unadjusted scores obtained directly from the number of questions answered correctly on a test or assessment.

Test-retest Reliability

The consistency of a test's results when the same subjects take the same test again after a period of time.

Standard Score

A score that has been transformed to fit a normal distribution, usually with a mean of 100 and a standard deviation of 15.

National Mean

The average score or value derived from a specific set of data collected across a nation.