Suppose Nominal GDP in a Country Rose in the Third

question 47

Multiple Choice

Suppose nominal GDP in a country rose in the third quarter of 2008 (from the second quarter) . Yet, real GDP fell in the third quarter of 2008. What could have accounted for this?

• A) The economy's price level declined over the second and third quarters of 2008.
• B) The general price level in the economy in the third quarter is higher than that in the second quarter of 2008.
• C) Production of goods must have increased by a greater rate than the increase in the economy's price level.
• D) The population of the country must have increased over the last quarter.

Identify and explain key concepts in research validity and reliability, specifically in the context of qualitative research.

Recognize different methods of data collection and their implications on research time and resource allocation.

Understand the role of participant behavior, such as social desirability and reactivity, in research outcomes.

Grasp the purpose and structure of focus groups within qualitative research.

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Definitions:

Graphs

Charts or diagrams that represent data visually, often using lines, bars, or segments.

Generalizability

The extent to which the findings of a study can be applied to broader populations or various settings.

Detail

A single piece of information or a minor part within a larger context.

Interview Script

A structured guide with predetermined questions and topics that is used during an interview to ensure consistency and comprehensiveness.