________ Is an Observational Research Strategy in Which Human Observers

question 37

Multiple Choice

________ is an observational research strategy in which human observers record the phenomenon being observed as it occurs.

• A) Mechanical observation
• B) Virtual observation
• C) Personal observation
• D) Perceptual observation
• E) Simultaneous rigor

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Definitions:

Aggregate Demand Curve

A graphical representation that shows the total quantity of goods and services that all households, businesses, and government are willing to purchase at each possible price level.

Autonomous Spending

Expenditures in an economy that do not vary with the level of income or production, such as government spending or investment.

Marginal Propensity

The ratio of the change in an aggregate economic quantity to an adjustment in some causal variable, particularly the change in consumption resulting from a change in income.

U.S. Price Level

A measure of the average prices of goods and services across the United States economy, indicating the purchasing power of money in the U.S.