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One of the Advantages of Observational Studies Is That Large

question 87

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One of the advantages of observational studies is that large numbers of persons may be observed;therefore,representativeness is increased.


Definitions:

Fiscal Policy

A method used by governments to influence a country's economic activity through taxation and spending decisions aimed at achieving economic goals.

Federal Budget Deficit

The shortfall when a government's expenditures exceed its revenues within a fiscal year.

Net Taxes

The difference between the total taxes paid to the government and the total transfers received, reflecting the actual fiscal contribution of an entity.

Government Purchases

Expenditures by government entities on goods and services that directly consume or invest in order to fulfill public objectives.

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