Primary Data Are ____________

question 15

Multiple Choice

Primary data are ____________.

• A) less time-consuming to acquire and less costly than secondary data.
• B) Newly published results of government investigations.
• C) data collected for the first time specifically for a marketing research study.
• D) part of a strategic planning activity to ensure proper resource alcation.

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Definitions:

Unemployment Insurance Benefits

Payments made by authorized bodies to unemployed workers who meet the eligibility requirements, intended to provide temporary financial assistance.

Reported Unemployment Rate

The proportion of the labor force that is jobless and actively seeking employment, officially announced or published by government agencies.

Very Long-Term Unemployed

Individuals who have been out of work and seeking employment for an extended period, typically longer than one year.

Discouraged Workers

Individuals who are not actively seeking employment due to a belief that no jobs are available for them or there are no suitable jobs.