The Number of Units to Be Included in a Study

question 53

Multiple Choice

The number of units to be included in a study is called the ________.

• A) census
• B) sampling frame
• C) sample size
• D) incident
• E) company roster

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Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.

Grain Surplus

An excess amount of grain production over the demand, leading to stored or wasted grain.

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.

Price Floor

A government-set minimum price that can be charged for goods and services, aimed at protecting producers.