Examlex
In wording survey questions, the researcher should make sure that 1-the language is simple and direct. 2-the questions are directed to those with a college education. 3-there is a leeway for a respondent to find his or her own interpretation of the meaning of a question. 4-there are no leading questions.
Recession
A brief phase of economic downturn, signified by reduced commercial and industrial operations, often defined by a sequential fall in GDP over two quarters.
Expansionary Phase
A period within the business cycle where economic activity, including production, sales, and employment, is growing.
Consumer Confidence
A statistical measure that reflects the overall economic health as perceived by consumers, based on their spending and saving habits.
Stock Market
A public marketplace for buying and selling shares of publicly held companies, reflecting the investment climate and economic health.
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