Closed Questions Leave All Possible Response Options to the Respondent

question 16

True/False

Closed questions leave all possible response options to the respondent.

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Definitions:

American Economy

The economic system of the United States, characterized by a mixed economy with private freedom combined with centralized economic planning and government regulation.

Maximum Possible Output

The highest amount of goods or services an economy can produce when it is utilizing all of its resources efficiently.

Economic Growth

An increase in the production of goods and services over a specific period, often measured by GDP.

Production

The process of creating goods and services through the combination of labor, materials, and capital.