Which Among the Following Is a Limitation of the NHSLS

question 27

Multiple Choice

Which among the following is a limitation of the NHSLS?

• A)Excluded people living in institutions (e.g. )prisons,universities,and dormitories.
• B)Participants were adults between the ages of 18 and 59.
• C)It did not include enough people from ethnic minority groups-particularly Asian Americans.
• D)Interviewers were of the same cultural background as research participants.
• E)A and B

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Definitions:

Compounded Annually

Interest calculation on a loan or investment once per year where each year's interest is added to the principal.

Rate of Return

The increase or decrease in the value of an investment over a certain time frame, represented as a percentage of the investment's original price.

Compound Annual Return

The annualized average percentage rate of return that accounts for the compounding of interest over a period of time.

Diversified Equity Mutual Fund

A mutual fund that invests in a wide range of equities from various sectors to reduce investment risk.