Define the Two Aspects of the Monetary Unit Assumption

question 54

Essay

Define the two aspects of the monetary unit assumption.

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Definitions:

Volunteer Sampling

The selection of research participants from a pool of individuals who have expressed a willingness to participate, which may not fully represent the population.

Quota Sampling

A non-probability sampling technique where the researcher ensures the sample reflects certain characteristics of the population.

Purposive Sampling

A non-random sampling technique used in qualitative research in which participants are selected based on specific characteristics or purposes.

Web-Based Surveys

Surveys distributed and completed over the internet, allowing for easier data collection and broader participant reach.