Closed Questions Are Favored Over Open-Ended Questions by Researchers for All

question 30

Multiple Choice

Closed questions are favored over open-ended questions by researchers for all of the following reasons EXCEPT _____.

• A) ease of coding
• B) ease of recording
• C) ease of analysis
• D) insight provided
• E) efficiency

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Definitions:

Loanable Funds

The sum of money available for borrowing, influenced by savings and investments, within an economy at any given time.

National Saving

The total amount of saving in a country, equal to the sum of private and public saving, representing the national income not spent on consumption or government expenditure.

Public Saving

The portion of a government's budget surplus, which is the difference between tax revenues and government spending.

Private Saving

Private saving is the portion of households' and businesses' income that is not spent on consumption or taxes, typically saved for future investment or consumption.