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Table 11-3
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 11-3. The inflation rate was
Qualitative
Qualitative refers to descriptions or distinctions based on qualities rather than quantities, often used in research to assess non-numerical data.
Quantitative
Pertaining to data or research that deals with quantities, numbers, and statistical analysis, rather than interpretations or qualitative judgments.
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