Which Type of Data Are Proprietary and Often Expensive to Gather

question 1

Multiple Choice

Which type of data are proprietary and often expensive to gather?

• A) observation data
• B) primary data
• C) survey data
• D) secondary data

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Definitions:

Uncontrollables

Refers to expenditures and other aspects of the government's budget that are considered beyond the direct and immediate control of legislators or policymakers, often due to statutory commitments.

Wealth Disparities

The significant differences in wealth and income between different groups or individuals within a society or between societies.

Redistribution Policy

Government policies aimed at redistributing wealth and income in a society through mechanisms such as taxation, government spending, and welfare programs to reduce economic inequalities.

Nineteenth Century

The period extending from the year 1801 to 1900 in the Gregorian calendar.