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Identify Four Methods of Collecting Data Through Surveys,and List One

question 18

Essay

Identify four methods of collecting data through surveys,and list one advantage and one disadvantage of each method.


Definitions:

Present Consumption

The portion of current income or resources that is used for consumption, rather than saving or investing.

Capital

Resources or assets used in the production of goods and services, such as machinery, buildings, and equipment.

Resources

Inputs used in the production of goods and services, including labor, capital, land, and technology.

New Capital

Funds or equity obtained by a company for the purpose of furthering its business objectives, or the addition of assets.

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