What Is One of the Major Disadvantages of Using Field

question 7

Multiple Choice

What is one of the major disadvantages of using field research compared to other qualitative forms of data collection?

• A) The sample is often limited to university undergraduates.
• B) Subjects' behaviour may change if they know they are being studied.
• C) A fairly limited range of research questions can be addressed with this technique.
• D) It can take the researcher a considerable amount of time to become acquainted with the data.
• E) The conditions under which the research and data gathering take place are often artificial.

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Definitions:

Value of Money

The purchasing power of money, indicating the amount of goods or services that one unit of money can buy, subject to change due to inflation or deflation.

Interest Rate

The percentage of an amount of money which is charged for its use per a certain period, often annually, by a lender to a borrower.

Medium of Exchange

A medium of exchange is anything widely accepted as a form of payment, making trade easier by eliminating the need for a coincidence of wants.

Store of Value

An asset, commodity, or currency that can be saved, retrieved, and exchanged in the future without significantly losing value.