Examlex
In quantitative research, data analysis is carried out __________ collection.
Economic Models
simplified representations of complex economic processes or systems used to analyze behavior, make predictions, or provide insights into economic decision-making.
Loan
A form of financial agreement in which one party lends money to another, with the expectation that the money will be paid back with interest.
Interest Rate
The cost of borrowing money, expressed as a percentage of the amount borrowed.
Opportunity Cost
Opportunity cost is the cost of the opportunity forgone to pursue one option instead of another, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.
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