The Popularity of the Quantitative Analysis Approach Is Largely Attributed

question 37

Multiple Choice

The popularity of the quantitative analysis approach is largely attributed to

• A)big data.
• B)computers.
• C)the deep web.
• D)the worldwide web.

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Definitions:

Quantity of Output

The total amount of a product or service that is produced by a company or an economy.

Short Run

A period in economics during which at least one factor of production is fixed, typically understood as a timeframe insufficient for adjusting all inputs.

Aggregate Demand

Summation of demand for all goods and services in an economy, factored at a certain price level and within a definite time span.

Unemployment

The condition where individuals who are capable of working and are actively seeking a job are unable to find employment.