Dollar Prices and Relative Prices Are Both Nominal Variables

question 134

True/False

Dollar prices and relative prices are both nominal variables.

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Definitions:

Genetic

Relating to genes or heredity, encompassing the study of how traits and characteristics are transmitted from parents to offspring.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, resulting in a distinctive set of physical and intellectual traits.

Extra Chromosome

A genetic condition where an individual has more than the usual number of chromosomes, leading to developmental differences and physical anomalies.