While Quantitative Methods Are Used to Test Hypotheses, Qualitative Methods

question 90

Multiple Choice

While quantitative methods are used to test hypotheses, qualitative methods are used to:

• A)compare theories
• B)describe people's experiences
• C)enhance the reliability of prior studies
• D)test theories
• E)validate new measures of variables

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Definitions:

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.

Rate of Inflation

The percent change in the price level of goods and services in an economy over a period of time, usually measured annually.

Interest

Interest is the charge for borrowing money typically expressed as an annual percentage rate, or the income earned from lending money.

Consumption

Families or individuals partaking in the use of goods and services.