The Big Disadvantage of Questionnaires Is the Low Response Rate

question 116

True/False

The big disadvantage of questionnaires is the low response rate, and those who do respond may not be representative (typical) of the population.

---

Definitions:

Trade Balance

Trade balance is the difference between the value of a country's exports and imports over a certain period, indicating the relative strength of its international trade.

Investment

The allocation of resources, often financial, into endeavors with the expectation of generating future returns.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" to assess the relative value of currencies.

Exchange Rates

The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of another.