For What Type of Data Are Frequencies the Only Calculations

question 9

Multiple Choice

For what type of data are frequencies the only calculations that can be done?

• A)Interval data
• B)Nominal data
• C)Ordinal data
• D)None of these choices.

Understand the tools and components of fiscal policy.

Comprehend the difference and relationship between fiscal policy, government spending, and taxation.

Identify the effects of fiscal policy on aggregate demand and supply.

Distinguish between discretionary fiscal policy and automatic stabilizers.

---

Definitions:

Fixed Fallacy

The mistaken belief that certain traits, abilities, or preferences are unchanging and cannot be altered through any means of intervention or development.

Symbolic Power

The ability to shape perceptions, influence social norms, and control the flow of information through symbols, language, and cultural practices.

Categorize

To sort or organize things into groups based on shared characteristics.

Social Networks

Platforms or structures that allow individuals or organizations to connect, share, and interact with each other online or offline.