Examlex
The type of descriptive statistic that tells you the most popular or most frequent choice from a selection of choices is the ______.
Central Bank
The national financial institution that oversees the monetary system of a country, controlling interest rates and currency supply.
Scarce Supply
Refers to the condition where the availability of a particular good or resource is insufficient to meet the demands.
Market System
An economic system where prices and the distribution of goods and services are determined by competition in a free market.
Private Ownership
Refers to the goods or assets that are owned by individuals or corporations rather than by the government or the public.
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