Which Is a Benefit of Using an Indirect Subjective Assessment

question 14

Multiple Choice

Which is a benefit of using an indirect subjective assessment method?

• A) Easy to collect data
• B) Useful for behaviors that occur daily
• C) Can survey large samples
• D) Minimal risk for rater bias

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Definitions:

Economy

The economy encompasses all activities related to production, consumption, and trade of goods and services in an area, showcasing how resources are managed and utilized.

Implementation Lag

The delay between the time a policy is enacted and the time its effects are observed in the economy.

Active Approach

A policy or management style that involves regular, dynamic decision-making and interventions to achieve specific goals, in contrast to a passive, hands-off approach.

Discretionary Policy

Discretionary Policy involves the deliberate use of monetary or fiscal policy changes by government policymakers to address economic issues.