An Item on the University Book Store's Survey Asks Respondents

question 109

Multiple Choice

An item on the University Book Store's survey asks respondents to tell the store, in their own words, what they like least about textbook shopping. This item would be an example of a(n) ____ question.

• A)open-ended
• B)dichotomous
• C)forced-sum-choice
• D)multiple-choice
• E)limited-choice

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Definitions:

United Bank

A generic term that may refer to any bank operating under the name "United Bank" in various parts of the world.

Excess Reserves

The reserves held by banks over and above the minimum required by the central bank, available for lending or investment.

Money Supply

The total financial resources existing in an economy at a certain time.

Open Market Operations

These are financial activities where central banks buy or sell government securities in the open market to control the money supply and influence interest rates.