Choose the One Most Appropriate Answer for Each

question 32

Multiple Choice

Choose the one most appropriate answer for each.
-price changes for developed real property can be rapid and dramatic over short periods of time

• A)age distribution
• B)base industry
• C)buying pattern
• D)cost-push inflation
• E)demand
• F)demand-pull inflation
• G)economic base
• H)employment multiplier
• I)Federal Reserve Board
• J)long-run demand
• K)monetary inflation
• L)monetize the debt
• M)primary industry
• N)real
• O)real-cost inflation
• P)secondary industry
• Q)service industry
• R)short-run demand
• S)supply
• T)vulnerability

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Definitions:

Directional

Pertains to specifying the direction of an effect or relationship in hypotheses or experimental research.

Non-directional

Hypotheses that predict a relationship between variables without specifying the direction of the relationship.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists.

Means

The average of a set of numbers, calculated by summing the numbers and then dividing by the count of those numbers, used to summarize data.