When Are Records or Data-Available Methods of Data Collection Appropriate

question 2

Multiple Choice

When are records or data-available methods of data collection appropriate?

• A) When the research subjects are illiterate
• B) When the participants are not reliable historians
• C) When the goal of research is to analyze trends and change over time
• D) When the researcher suspects that the subject may be attempting to alter responses in an attempt to please the researcher

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Definitions:

Nominal NNP

The Gross National Product measured at current market prices, without adjusting for inflation.

Real NNP

Net National Product adjusted for inflation; measures the value of goods and services produced by a country's economy, less the value of goods and services used up in production, adjusted for price changes.

Price Index

A statistical measurement that tracks changes in the price level of a basket of goods and services over time.

Inventories

The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.