All of the Following Are Techniques Used to Provide Evidence

question 27

Multiple Choice

All of the following are techniques used to provide evidence of rigor in action research studies, except ______.

• A) repetition of the cycle
• B) triangulation of data
• C) brief engagement and observation
• D) member checking

Understand the components and measurements of Gross Domestic Product (GDP) and how they reflect the economy's performance.

Differentiate between GDP and Net Domestic Product (NDP), and understand the role of depreciation.

Recognize the factors contributing to the underestimation or overestimation of GDP, including the underground economy and non-market transactions.

Identify the relationship between nominal GDP, real GDP, and the GDP deflator as indicators of economic health.

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Definitions:

Causation

A relationship where one event (the cause) directly leads to the occurrence of another event (the effect).

Ceteris Paribus

A Latin term used in economics to mean "all other things being equal," isolating one economic variable to analyze its effect.

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like, focusing on policy prescriptions and outcomes.

Unintended Consequences

Outcomes that are not the ones foreseen or intended by a purposeful action, often contrasting with the action’s intended effects.