Divya Is Interested in Learning Whether Students Will Support an Increase

question 13

Multiple Choice

Divya is interested in learning whether students will support an increase in student fees to supplement child care costs for student parents.There are 10,000 undergraduate and 3,000 graduate students at her university.If she wants to ensure that she has an equal number of undergraduate and graduate students in her sample,what type of sampling method should she use?

• A)cluster
• B)simple random
• C)stratified
• D)systematic

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Definitions:

Aggregate Supply Curve

An economic curve illustrating the overall supply of goods and services by all businesses and the government at various overall price levels in a given period.

Maximum Output Level

refers to the highest amount of production a company can achieve with the current resources and technology.

Production Possibilities Frontier

A curve representing a hypothetical model of a two-product economy operating at full employment.

Aggregate Demand Curve

A curve that represents the total demand for goods and services within an economy at various price levels, all else being equal.