Data Collected from Several Entities Over a Period of Time

question 38

Multiple Choice

Data collected from several entities over a period of time (minutes, hours, days, etc.) are called

• A)categorical and quantitative data.
• B)time series data.
• C)source data.
• D)cross-sectional data.

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Definitions:

Borrower

An individual, corporation, or other entity that receives funds from another party under the condition of returning the funds plus interest or other charges at a later date.

Lender

A financial institution or individual that provides funds to a borrower under the condition that the funds will be repaid with interest.

Supply

The aggregate sum of a good or service ready for sale at a specific price level.

Loanable Funds

The money available for borrowing in the financial markets, determined by saving behaviors and institutional lenders' policies.