If a Newspaper Editor Asks a Reporter to Interview Thirty

question 6

Multiple Choice

If a newspaper editor asks a reporter to interview thirty males and thirty females from each of three geographical areas of a particular city for a prospective story, what type of sampling procedure is being used?

• A) Simple random sample
• B) Convenience sample
• C) Quota sample
• D) Systematic sample
• E) Stratified sample

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Definitions:

Aggregate Demand

The overall demand for all the goods and services in an economy, reflecting the economic activity and consumer spending power.

Keynes's Followers

Individuals or economists who support or develop the theories of John Maynard Keynes, relating to government intervention in the economy to manage aggregate demand.

Monetary Policy

Actions of a central bank, currency board, or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates.

MPC

Marginal Propensity to Consume, the proportion of an increase in income that gets spent on consumption.