Over the Course of One Day,researchers Counted the Number of Out-Of-State

question 1

Multiple Choice

Over the course of one day,researchers counted the number of out-of-state cars parked in an outlet mall parking lot at 10 a.m.and 4 p.m.The gathering of this quantitative data is an example of descriptive research using ________.

• A)a hierarchical format
• B)a cross-sectional design
• C)latitudinal tracking
• D)a longitudinal design
• E)ethnography

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Definitions:

Barter

The exchange of one good or service for another good or service; a trade.

M2

A measure of the money supply that includes all elements of M1 (cash and checking deposits) plus savings deposits, money market mutual funds, and other time deposits.

M1

A segment of the money supply encompassing all tangible currency, such as bills and coins, in addition to demand deposits, checking accounts, and negotiable order of withdrawal (NOW) accounts.

Credit Cards

Credit cards are payment cards issued to users to enable the cardholder to pay a merchant for goods and services, based on the cardholder's promise to the card issuer to pay them for the amounts plus other agreed charges.