Which of the Following Statements Describes Both Qualitative and Quantitative

question 17

Multiple Choice

Which of the following statements describes both qualitative and quantitative approaches to data analysis?

• A)In both forms of data analysis,the researcher carefully examines empirical information to reach a conclusion.
• B)Quantitative analysis is a private process,whereas qualitative analysis is a public process.
• C)Qualitative and quantitative researchers manipulate numbers that represent empirical facts to test theoretical hypotheses.
• D)Both qualitative and quantitative researchers choose from a limited number of specialized,standardized sets of data analysis techniques.
• E)Qualitative and quantitative researchers do not begin data analysis until they have collected all of the data.

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Definitions:

Net Taxes

The total taxes paid to the government minus transfer payments and subsidies received from the government.

Aggregate Demand

The total quantity of goods and services demanded across all levels of an economy at a given price level and in a given time period.

Potential Output

The peak level of real GDP that can be maintained in the long run without causing inflation to rise.

Discretionary Fiscal Policy

Government policy involving changes in taxation and spending that are undertaken explicitly to influence economic activity.