What Empirical Method Generally Is Used to Measure the Degree

question 7

Multiple Choice

What empirical method generally is used to measure the degree to which products substitute for each other?

• A)Cross-price elasticity
• B)Price comparison
• C)Relatedness factor
• D)Standard Industrial Classification
• E)SSNIP

---

Definitions:

Grade Inflation

The tendency over time to award higher academic grades for work that would have received lower grades in the past, often criticized for reducing standards.

SAT Scores

Standardized test scores used for college admissions in the United States, assessing mathematical, reading, and writing skills.

Independent Measures

An experimental design in which different participants are used in each condition of the experiment.

Head Start Programs

A program in the United States that provides comprehensive education, health, nutrition, and parent involvement services to low-income children and their families.