The Research Method That Is Used to Demonstrate a Cause-And-Effect

question 670

Multiple Choice

The research method that is used to demonstrate a cause-and-effect relationship between changes in one variable and the effects on another variable is called the:

• A) descriptive method.
• B) correlational method.
• C) experimental method.
• D) meta-analytic method.

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Definitions:

Utility Function

A mathematical representation that describes how consumers rank different bundles of goods according to their level of satisfaction or utility.

Consumption

The process by which goods and services are utilized by consumers, influencing economic activity and growth.

Income

The monetary payment received for one's work (wages), investments, or other sources such as pensions or government aid.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis, serving as a key parameter in financial transactions.