Which of the Following Is Correct with Respect to Surveys

question 2

Multiple Choice

Which of the following is correct with respect to surveys?

• A) Questionnaires are not generally necessary in surveys.
• B) The accuracy of surveys is routinely very high.
• C) When using surveys,a random sample is usually better than a representative sample of consumers.
• D) Online surveys are growing in popularity because the company gets immediate results.
• E) All of these.

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Definitions:

Import Quotas

Government-imposed limits on the quantity or value of goods that can be imported into a country.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, deflation, and a significant fall in economic activity.

Terms of Trade

The ratio at which a country can exchange exports for imports; it reflects the value of a country's exports relative to its imports.

Production Possibilities Curves

A graphical representation that shows the maximum number of goods or services that can be produced with limited resources.