-Refer to the Above Figure

question 125

Multiple Choice

-Refer to the above figure.If the aggregate demand curve shifts beyond AD5,which of the following would we NOT expect?

• A)Strong demand-pull inflation
• B)No increase in real Gross Domestic Product (GD
• C)Strong and rapid increases in the price level
• D)Increases in real net domestic product

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Definitions:

Predictive Validity

The extent to which a test's scores accurately forecast or correlate with future behavior, performance, or outcomes.

Concurrent Validity

The degree to which the results of a particular test or measurement correlate with those of a previously validated measure taken at the same time.

Content Validity

The extent to which a test measures all aspects of the content it's intended to cover.

Kuder-Richardson Reliability

A measure of the consistency of test scores across items within a test, commonly used to assess the reliability of dichotomously scored tests.