Examlex
Use the following to answer questions 16-18:
In each set, match a concept from Group A to a definition or example from Group B.
-Non-Probability Sampling Methods
Group A
1. Availability Sampling
2. Purposive Sampling
3. Quota Sampling
4. Snowball Sampling
Group B
a. A random, multistage sampling procedure
b. A procedure that uses accidental or convenience selection techniques
c. A procedure that relies on getting information from respondents to find others
d. A procedure that requires some prior knowledge of characteristics in the population
e. A procedure that considers the knowledge of the informant in the selection process
Equilibrium GDP
The level of real GDP at which the total quantity of goods and services produced equals the total quantity of goods and services purchased.
Full Employment GDP
The output level of goods and services in the economy when all available labor resources are being used in the most efficient way possible.
Multiplier
A factor that quantifies how an initial change in economic activity (e.g., spending or investment) leads to a more than proportional change in the national income.
Deflationary Gap
A situation where aggregate demand in an economy is lower than the aggregate supply, leading to falling prices, reduced production, and unemployment.
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