The Purpose of Qualitative Research in All of Its Various

question 81

Multiple Choice

The purpose of qualitative research in all of its various forms is to

• A) provide rich descriptive accounts of events or experiences from the active participants.
• B) understand different perspectives or points of views from the participants.
• C) offer detailed explanations about a past historical event.
• D) focus on a single group of individuals in order to gain an in-depth account of real life experiences.
• E) All of these answers.

---

Definitions:

Long-Run Equilibrium

A state in which economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change.

Economic Expansions

Phases in the business cycle where the economy grows, characterized by increased output, employment, and consumer spending.

U.S. Price Level

An index that measures the average prices of goods and services across various sectors in the United States over a specific period.

Real GDP

A metric that adjusts for inflation to show the value of all goods and services produced in an economy during a specific year, using prices from a chosen base year.