An organization, Citizens for Financial Advancement, did a survey of persons attending a banker convention and decided that most Americans favor the removal of disclosure about terms of loans.

Would it be reasonable to think this is a good research design? Why or why not?

Be sure to include comments about the population surveyed and the sponsor of the survey

Question

25-06-2022
Social Studies

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An organization, Citizens for Financial Advancement, did a survey of persons attending a banker convention and decided that most Americans favor the removal of disclosure about terms of loans.

Would it be reasonable to think this is a good research design? Why or why not?

Be sure to include comments about the population surveyed and the sponsor of the survey

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gauravsingh23VT gauravsingh23VT · Answer 1 · 2022-06-29T13:19:23+02:00

No it is not the good research design as the amount of time the borrower has to repay the loan, or the loan's term, has a significant impact on how affordable a mortgage is.

What does it mean for a loan to be disclosed?

A five-page document known as a closing disclosure contains the last information on the mortgage loan you have chosen. It outlines the loan's conditions, your anticipated monthly payments, and the fees and other costs associated with obtaining a mortgage.

Thus, No it is not the good research design

For more details about loan to be disclosed, click here:

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