If the Research Objective Is to Gain Background Information, It

question 40

Multiple Choice

If the research objective is to gain background information, it is likely that the most appropriate research design would be:

• A) descriptive
• B) exhaustive
• C) deductive
• D) exploratory
• E) causal

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Definitions:

Quantity of Imports

The total volume or value of goods and services brought into one country from another over a specified time period.

Deadweight Loss

When a good or service's free market equilibrium is not met, a reduction in economic efficiency occurs.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of goods and services.

Tariff or Quota

A government-imposed restriction on the quantity of goods that can be imported (quota) or a tax levied on imported goods (tariff).