Which of the Following Is an Advantage of Focus Groups

question 2

Multiple Choice

Which of the following is an advantage of focus groups in comparison to more structured, single-person interviews

• A)Focus group results are more generalizable to larger populations.
• B)Focus groups cost less.
• C)Focus group data is more likely to be in quantitative form.
• D)Focus group data are less subjective and easier to analyze.

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Definitions:

Money Supply

The entirety of monetary resources available in an economy at a specific time, including cash, coins, and balances in checking and savings accounts.

Government Bonds

Long-term debt securities issued by the government to finance its expenditures, offering periodic interest payments to investors.

Reserve Requirement

The minimum amount of reserves a bank must hold against deposits, as mandated by the central bank.

Money Supply

The complete portfolio of monetary assets at a fixed point in time within an economy, including cash, coins, and amounts in checking and savings accounts.