Households and Firms in the U

question 85

Multiple Choice

Households and firms in the U.S.economy interact with those in the rest of the world in the ________ market and in the ________ market.

• A) goods; factor
• B) goods; financial
• C) government; goods
• D) financial; factor
• E) firm; government

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Definitions:

Nominal

Pertaining to data that consists of names, labels, or categories without any inherent order or ranking.

Dependent Variable

The outcome factor whose variation is being studied in relation to changes in independent variables within experimental or observational research.

Level of Promiscuity

A measure or assessment of an individual's or population's engagement in varying degrees of casual sexual activity.

Ordinal

Pertaining to data types or variables that represent categories with a meaningful order but no consistent difference between adjacent categories.