Data Used as a Substitute for More Desirable Data That

question 58

Multiple Choice

Data used as a substitute for more desirable data that are unobtainable is called:

• A)Primary data
• B)Secondary data
• C)Proxy information
• D)Unstructured data
• E)Qualitative data

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Definitions:

Corporate Houses

Large companies or business organizations that operate in multiple areas or sectors.

Subsidized Rate

A reduced interest rate on loans provided by the government or other institutions to support specific groups or activities.

Productivity

The measure of how efficiently goods and services are produced, often evaluated as output per unit of input.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a person, family, or group in a society.