BUSN11 - Module 4 Exam Questions With Revised Answers
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Course
BUSN 11
Institution
BUSN 11
BUSN11 - Module 4 Exam Questions With
Revised Answers
A group of subjects selected from the group of all subjects under study is called a(n)
___________. - answersample
The four basic sampling methods are - answerRandom
Systemic
Cluster
Stratified
A study that involves no researcher interve...
BUSN11 - Module 4 Exam Questions With
Revised Answers
A group of subjects selected from the group of all subjects under study is called a(n)
___________. - answer✔✔sample
The four basic sampling methods are - answer✔✔Random
Systemic
Cluster
Stratified
A study that involves no researcher intervention is called - answer✔✔an observational study
The boundary of a value such as 6 inches would be 5.9-6.1 inches. - answer✔✔False
In a research study, participants should be assigned to groups using _______ methods, if
possible. - answer✔✔random
In a particular state, many commercial banks struggle to lend money to the borrowers due to lack
of money supply. The Fed buys securities from these banks and this creates a smooth flow of
money for the banks to conduct their transactions. In this case, which of the following tools has
the Fed most likely used to control the money supply? - answer✔✔open market operations
In the context of fiscal strategies, most economists agree that higher taxes can boost the economy
by leaving more money with the government to spend during an economic crisis. -
answer✔✔False
Gross Domestic Product (GDP) tends to overstate the amount of output produced by a nation's
economy. - answer✔✔False
The Fed requires that all of its member banks hold funds called "reserves," equal to a stated
percentage of the deposits held by their customers. This percentage is called the reserve
requirement. - answer✔✔True
_________ is a market structure with just a single producer completely dominating the industry.
- answer✔✔Monopoly
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