Which of the Following Best Describes the Trend in Nonresponse

question 56

Multiple Choice

Which of the following best describes the trend in nonresponse rates in telephone surveys conducted from 1979 to 2003?

• A) Response rates have continually increased.
• B) Response rates have remained unchanged primarily due to the effects of online surveys.
• C) Response rates have slowly declined over this period of years.
• D) Response rates increased dramatically from 1979 to about 1988, and then saw a downward fall that was just as dramatic.
• E) Response rates increased dramatically from 1979 to about 1985, and then saw a downward fall that was just as dramatic.

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Definitions:

Default Risk Premium

The additional yield that investors require to invest in bonds that have a risk of default, compared to risk-free bonds.

Liquidity Risk Premium

The extra yield or return that investors demand for holding a security that may not be easily sold or converted into cash without a significant loss in value.

Maturity Risk Premium

The additional yield demanded by investors as compensation for the increased risk of holding a bond as it approaches its maturity date.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, the purchasing power of currency is falling.