Which Method Is Used to Investigate How Closely Related a Set

question 43

Multiple Choice

Which method is used to investigate how closely related a set of items are and how they might form clusters?

• A)path analysis
• B)meta-analysis
• C)factor analysis
• D)repeated measures

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Definitions:

Minimum-wage Laws

Regulations establishing the lowest wage that employers can legally pay their workers.

Unemployment

A situation where individuals who are capable of working and willing to work cannot find employment.

Cartel

A group of firms acting in unison

Market Power

The ability of a single economic actor (or small group of actors) to have a substantial influence on market prices.