Suppose That a Factor Analysis of Food Preferences Revealed Four

question 1

Multiple Choice

Suppose that a factor analysis of food preferences revealed four factors,representing preferences for (1) meats,(2) fruits and vegetables,(3) sugary foods,and (4) fried foods.Assuming that these results were accurate,which of the following would be an accurate interpretation?

• A)With regard to food preferences,there are four distinct kinds of people.
• B)People who like meat tend to dislike fruits and vegetables.
• C)People who like one kind of fried food tend to like other kinds of fried food.
• D)The most preferred kind of food is meat,followed by fruits and vegetables,then by sugary foods,and finally by fried foods.
• E)None of the above.

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Definitions:

Equilibrium GDP

The level of Gross Domestic Product at which total production equals total spending, indicating a state of economic balance without tendency to change.

Full-employment Level

signifies an economic condition where all who are able and willing to work at current wage rates have employment opportunities.

National Debt

The entirety of funds that a country's governmental body has taken on as debt through several mechanisms.

Budget Surpluses

An excess of income or revenues over expenditures in a given period, meaning the government or organization has more money than it spends.