Examples of Direct Costs of Government Intervention Include

question 78

Multiple Choice

Examples of direct costs of government intervention include

• A)the production cost of meeting new emission standards on new cars.
• B)the government's administrative costs of conducting the Census.
• C)the time spent by Canadians completing their income- tax forms.
• D)the regulatory affairs departments of many Canadian corporations.
• E)costs of complying with provincial sales taxes.

---

Definitions:

Ordinal Data

A type of categorical data in which the order or ranking of the values is significant, but the difference between those values is not necessarily consistent or defined.

Interval Data

A type of quantitative data in which the intervals between values are meaningful and consistent, but there is no true zero point, allowing for the measurement of difference and comparison.

Validity

The extent to which a test, measurement, or study accurately reflects or assesses the specific concept it is intended to measure.

Statistical Technique

A method or procedure applied in the analysis or interpretation of data, often used to test hypotheses or estimate properties of a population.