Which of the 4 Methods of Data Collection Is Involved

question 92

Multiple Choice

Which of the 4 methods of data collection is involved when a person counts the number of cars passing designated locations on the Los Angeles freeway system?

• A)Published sources
• B)Experimentation
• C)Surveying
• D)Observation

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Definitions:

Net Exports

The difference between a nation's total exports and its total imports.

Net Capital Outflow

A comparison between the activity of local investors buying abroad and foreign investors buying within the national borders.

Soccer Tournament

A competitive series of soccer games where teams compete to determine a champion.

Real Exchange Rate

The rate at which two currencies can be exchanged after adjusting for inflation differentials, reflecting the purchasing power of one currency in terms of goods and services.