What Is the Problem with This Measure of University Student

question 31

Multiple Choice

What is the problem with this measure of university student age? Please indicate your age:
(i) 17 to 18 years old
(ii) 19 to 20 years old
(iii) 21 to 22 years old

• A) Its attributes are mutually exclusive.
• B) Its attributes are not exhaustive.
• C) Its attributes are exhaustive.
• D) Its attributes are double-barrelled.
• E) There is nothing wrong with it.

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Definitions:

Expansionary Gap

A condition where an economy's actual gross domestic product is higher than its long-run potential, leading to upward pressure on prices.

Government Purchases

Spending on products and services by all levels of government, not including transfer payments.

Unemployment Insurance

A government program that provides financial assistance to workers who have lost their jobs through no fault of their own.

Discretionary Fiscal Policy

Government policy that entails the use of government spending and tax policies to influence the economy, based on specific goals or conditions.