Which of the Following Is True

question 70

Multiple Choice

Which of the following is true?

• A) if an investment project is going to be undertaken, someone must increase his current consumption.
• B) saving and investment must always be undertaken by different individuals.
• C) if we invest more and use more of our resources to produce capital goods today, fewer current resources will be available to produce consumption goods.
• D) all of the above are correct.

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Definitions:

Interaction Effect

A statistical phenomenon where the effect of one independent variable on a dependent variable varies depending on the level of another independent variable.

Random Sample

A subset of a population selected through a method where every individual has an equal chance of being chosen, ensuring the representativeness of the sample.

Target Population

The entire group of individuals or instances about whom the research is focused and to whom the researcher wishes to generalize the study findings.

Systematic Bias

A consistent and predictable error introduced into sampling or testing by selecting or encouraging one outcome or answer over others.