Analysis of Survey Results Shows That Most Respondents Selected "Strongly

question 35

Multiple Choice

Analysis of survey results shows that most respondents selected "strongly disagree" to most items on the questionnaire. This may be an example of

• A) response set
• B) extremity set
• C) impression management
• D) cultural bias
• E) selection bias

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Definitions:

Balance of Trade Deficit

Occurs when a country's imports exceed its exports during a given time period, indicating that it is spending more on foreign trade than it is earning.

Net Exports

The value of a country's total exports minus its total imports. It is a measure used to calculate a country's aggregate expenditures.

Comparative Advantage

The ability of an individual or economy to produce goods or services at a lower opportunity cost than competitors, leading to more efficient trade and production.

Microwave Oven

An electric oven that uses microwaves to heat or cook food by inducing polar molecules in the food to rotate and produce thermal energy.