When It Comes to External Secondary Data,which of the Following

question 9

Multiple Choice

When it comes to external secondary data,which of the following statements is FALSE?

• A)Most people underestimate what is available.
• B)There is likely to be relevant,external secondary data on almost any problem.
• C)The fundamental problem with relevant,external secondary data is availability.
• D)The fundamental problem with relevant,external secondary data is identifying and accessing what is there.
• E)Researchers who know how much valuable secondary data exists may not know how to find it.

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Definitions:

Public Goods

Items or services that are non-excludable and non-rivalrous, meaning they can be used by anyone without diminishing their availability to others.

Private Consumption

The totality of goods and services consumed by private individuals, as opposed to those consumed by the government or businesses.

Marginal Products

The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.

Separating Equilibrium

An outcome in a signaling game where different types of senders choose different signals, leading to a situation where the receiver can perfectly infer the sender's type based on the signal received.