Primary Data Can Be Collected in Several Ways

question 31

Multiple Choice

Primary data can be collected in several ways. Which of the following primary data collection methods would be exemplified by constructing see-through mirrors in a retail store whereby consumers' actions could be recorded?

• A) behavioural data
• B) surveys
• C) focus groups
• D) experiments
• E) observation

---

Definitions:

Nominal Wage

The wage paid to employees in current dollars, not adjusted for inflation, representing the face value of earned income.

Economic Income

The total value of all income received by an individual or entity, including both earned income and investment income.

Human Capital

The skills, knowledge, and experience possessed by an individual viewed in terms of their value or cost to an organization or country.

Compensating Differential

The difference in wages that compensates workers for undesirable aspects of a job, such as long hours or dangerous conditions.