____________________ Sampling Is Particularly Useful When It Is Difficult or Costly

question 47

Short Answer

____________________ sampling is particularly useful when it is difficult or costly to develop a complete list of the population members.

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Definitions:

Protective Tariffs

Taxes imposed on imported goods to protect domestic industries from foreign competition by making the imported goods more expensive compared to local products.

Trade Deficit

A situation where a country’s imports exceed its exports during a given time period, leading to a negative balance of trade.

Capital

All means of production (mainly plant and equipment) created by people.

Better Paid

Describes a position or job that offers a higher salary compared to others, often reflecting skill level, experience, or demand.