Empirical Observations Taken to Represent the Ideas That We Are

question 61

Multiple Choice

Empirical observations taken to represent the ideas that we are interested in studying are known as _____.

• A)dimensions
• B)observations
• C)concepts
• D)indicators
• E)indirect observables

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Definitions:

Government

The system or group of people governing an organized community, often a state, and the institution through which societies are ruled and regulations are enforced.

Demand Curves

Graphs showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Courts Of Law

Institutions vested with the authority to adjudicate legal disputes, interpret laws, and administer justice through the application of legal rules and principles.

Marginal Cost

The expenditure involved in producing a further unit of a good or service.