A Research Group Was Interested in Comparing the Saving Habits

question 121

Multiple Choice

A research group was interested in comparing the saving habits of Canadians across three groups of working-aged adults, regionally across Canada, by level of education, and geographic location. The group required access to data that contained information regarding levels of gross income, education, geographic location, gender, work occupation, and age. Which form of research would offer the best opportunity to reveal these findings?

• A)descriptive
• B)exploratory
• C) explanatory
• D) deductive

---

Definitions:

Marginal Social Cost

The cost to society of producing an additional unit of a good or service, including both private costs and any externalities.

Marginal Social Benefit

The additional gain to society as a whole from an additional unit of a good or service.

Emissions Tax

A tax imposed on the emission of pollutants, aimed at reducing the environmental externality costs of these emissions.

Optimal Tax

A tax designed to generate government revenue with the minimum economic distortion or welfare loss.