The Tendency of the Respondents to Give Answers That May

question 50

True/False

The tendency of the respondents to give answers that may not be accurate but that may be desirable from a social standpoint is called social desirability.

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Definitions:

GDP

Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country's borders.

Depression

A deep and prolonged business downturn; the last one occurred in the 1930s.

Velocity of Circulation

The rate at which money moves through the economy, from transactions of individuals and businesses.

Unemployment Rate

A measure of the percentage of the labor force that is jobless and actively looking for employment.