If You Were Going to Construct a Questionnaire to Determine

question 92

Multiple Choice

If you were going to construct a questionnaire to determine "consumer confidence," you might be advised to ask all of the following questions except for .

• A) "Do you plan to buy a car in the next year?"
• B) "Would you say that you and your family are better off or worse off financially than a year ago?"
• C) "Do you think the GDP growth rate will be as predicted at the beginning of the year?
• D) "Will you be better off or worse off a year from now?"
• E) "Are you happy with your job?"

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Definitions:

Interest Charges

The cost incurred by an entity for borrowing funds; these are often calculated as a percentage of the principal amount loaned or the outstanding balance.

Compensating Balance

A minimum bank account balance that a borrower must maintain as part of a loan agreement, often used to offset the cost of the loan.

Deficit Financing

The practice of funding government spending through borrowing rather than through taxation, leading to a government deficit.

Interest Charges

The charge applied by a lender on a borrower for asset utilization, indicated as a percentage of the principal value.