The Council for Marketing and Opinion Research,now Part of the Insights

question 49

Multiple Choice

The Council for Marketing and Opinion Research,now part of the Insights Association (www.insightsassociation.org) ,offered several guidelines for reducing refusal rates related to fieldwork.Which of the following is not one of those guidelines?

• A)The subject matter should always be disclosed to the respondents.
• B)Courtesy should be exercised when deciding what hours of the day to call respondents.Calling between 9 a.m.and 9 p.m.is recommended.
• C)If mall respondents indicate the time is not convenient,an appointment should be made to conduct the interview later.
• D)Interviewer training programs should be routinely administered so that field workers will be effective at their jobs.

Identify the impact of interest rates on the valuation of bonds and perpetual securities.

Analyze the effect of storage costs and interest rates on commodity investments.

Recognize the importance of timing in maximizing the value of an asset.

Understand the effects of inflation on the real interest rate and its impact on consumption decisions.

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Definitions:

Ultimatum Game

A behavioral economics game in which a mutually anonymous pair of players interact to determine how an amount of money is to be split. The first player suggests a division. The second player either accepts that proposal (in which case the split is made accordingly) or rejects it (in which case neither player gets anything).

Dictator Game

An experimental game in economics where one player, the "dictator," determines how to divide an endowment (such as a sum of money) between themselves and the second player, studying social preferences like altruism.

Total Control

A situation where all aspects of a process or system are under the direct authority and regulation of a single entity.

Dictator Game

A behavioral economic experiment where one participant, the "dictator," determines how to split an amount of money between themselves and another participant.