Nonexperimental data is called _____.?
A. ?cross-sectional data
B. ?observational data
C. ?time series data
D. ?panel data
Answer: B
You might also like to view...
Inflation ________ the signals sent by price changes to demanders and suppliers of goods and services.
A. has no impact on B. amplifies C. enhances D. obscures
Country A can produce both wheat and oranges using fewer resources than country B. Which of the following statements is true?
A. Country A has a comparative advantage in producing both goods. B. Country A has an absolute advantage in producing both goods. C. Country B has no comparative advantage. D. Country B must have an absolute advantage in producing one of the goods.
The productive resource that includes all the "gifts of nature" is called
A) land. B) labor. C) capital. D) entrepreneurshi
We can measure the status of a national economy by looking at:
A. its total expenditures. B. its median income. C. We can look at either of these things to get the same measure. D. Neither of these is used to measure a nation's economic status.