Which of the Following Is NOT a Weakness of Simple

question 57

Multiple Choice

Which of the following is NOT a weakness of simple random sampling?

• A) difficult to construct sampling frame
• B) expensive
• C) lower precision producing samples with large standard errors
• D) no assurance of representativeness
• E) not easily understood

Grasp the concepts of crowding in and crowding out in the context of government spending and private investment.

Recognize the role of discretionary fiscal policy in budget deficits during various economic conditions.

Understand the effects of U.S interest rates and public debt on the economy and the federal budget.

Realize the significance of managing the costs of servicing federal debt to sustain deficits.

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Definitions:

Converts

Converts refers to individuals who have changed their religion, belief system, or viewpoints to different ones from those previously held.

Orderly Transfer

A well-organized and systematic process of passing authority, responsibility, or information from one entity to another.

Goods And Services

Products and activities provided in the marketplace that satisfy consumer needs and wants.

Seller To Buyer

The transfer of products, services, or assets from the seller to the buyer in a market transaction.