A Few of the Variables for Which Data Were Collected

question 26

Multiple Choice

A few of the variables for which data were collected in the Pew Internet & Life Project study about online shopping include age, gender, income, and number of hours
Spent shopping online per month. Which of the variables is categorical?

• A) Age
• B) Gender
• C) Income
• D) Number of hours spent shopping online
• E) None

Recognize the misconceptions related to the zero-sum fallacy in economic transactions.

Understand the dynamics of policies on housing and their unintended consequences.

Appraise the impact of taxes on transactions and market behavior.

Explain how shifting assets and resources to higher valued uses contributes to wealth creation.