If It Is Not Feasible to Have a Complete Listing

question 49

Multiple Choice

If it is not feasible to have a complete listing of the members of the population, which probability sampling method can be used?

• A)stratified
• B)convenience
• C)cluster
• D)simple random

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Definitions:

Equilibrium

A state in which economic forces such as supply and demand are balanced and in the absence of external influences, the values of economic variables will not change.

Investor

A person or organization that invests money anticipating a return on their investment.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Perceived Budget Line

The subjective view of the combination of goods and services that a consumer can purchase with their available resources, based on their perception of their budget.