A Sample in Which the Sampling Units Are Chosen from the Population

question 54

Multiple Choice

A sample in which the sampling units are chosen from the population by means of a random mechanism is a _____ sample.

• A)probability
• B)judgmental
• C)convenience
• D)voluntary response

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Definitions:

Budget

An estimate of income and expenditure for a set period of time.

Government Spending

Financial expenditures by the government to influence a nation's economy, including investments in public services and infrastructure.

Taxation

The process by which a government collects money from individuals and businesses to fund public services and infrastructure.

Stabilizing

Actions or strategies aimed at maintaining or recovering economic balance and reducing volatility in financial markets or economies.