Comparisons Between Numerical Data from Different Countries Can Be Difficult

question 66

Multiple Choice

Comparisons between numerical data from different countries can be difficult because of all of the following EXCEPT:

• A) units of measurement might differ.
• B) accuracy may vary across countries.
• C) frequency of census data collection can differ.
• D) differences in tax evasion rates affects reported business income.
• E) language differs across countries.

---

Definitions:

Labor

Workforce or employment involved in the creation of goods and services within an economy.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at different prices.

Labor Supply Curve

Represents the relationship between the quantity of labor supplied and the wage rate in a given period.

Marginal Cost

An adjustment in the total expenses resulting from producing one additional unit.