MATCHING KEY TERMS AND DEFINITIONS

question 32

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Refers to a test valid for screening applicants for a variety of jobs and performance factors across occupations.

• A)Performance simulation test
• B)Weighted application forms
• C)Application
• D)Reliability
• E)Criterion-related validity
• F)Background investigation
• G)Concurrent validity
• H)Qualified privilege
• I)Work sampling
• J)Behavioral interview
• K)Validity generalization
• L)Predictive validity
• M)Cut score
• N)Validity
• O)Interviewer bias

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Definitions:

Economic Output

The total value of all goods and services produced within an economy over a specific time period.

Potentially Efficient

A condition where resources could be allocated in a way that maximizes the net benefits to society, although it may not necessarily be achieved.

Empirical Economics

The study of economics based on the collection and analysis of data, emphasizing the role of observation and experimentation in understanding economic principles.

Economic Theories

These are frameworks or models that explain how economic processes work and predict how economies will respond to certain actions.