Which of the Following Is an Example of a Time-Series

question 11

Multiple Choice

Which of the following is an example of a time-series data set?

• A)amount of labor employed in each factory in the U.S.in 2010
• B)amount of labor employed yearly in a specific factory from 1990 through 2010
• C)average amount of labor employed at specific times of the day at a specific factory in 2010
• D)All of the above are time-series data sets.

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Definitions:

Imperfect Information

A situation where all parties in a transaction do not have the same information, leading to an inefficient market outcome.

Tragedy Of The Commons

A situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resource through their collective action.

Controls On Corruption

Controls on Corruption are mechanisms, regulations, and practices that are put in place to combat, prevent, and reduce corruption within organizations and governments.

World Bank

An international finance organization that extends loans and grants to developing country governments for the execution of infrastructure projects.