Who of the Following Would Economists Considered Most Likely to Commit

question 172

Multiple Choice

Who of the following would economists considered most likely to commit a crime?

• A) An individual with a high paying job because he faces a lower opportunity cost if caught
• B) An individual with a high paying job because he faces a higher opportunity cost if caught
• C) An individual without a job because he faces a lower opportunity cost if caught
• D) An individual without a job because he faces a higher opportunity cost if caught

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Definitions:

Primary And Secondary

A classification in research and data collection distinguishing between directly obtained information (primary) and previously collected or indirectly obtained information (secondary).

Data Types

Refers to the classification of data based on its nature and the type of information it represents, such as numerical, textual, or binary.

Primary Data

Data collected directly for the first time for a specific research purpose or project.

Observational Data

Data collected through directly observing subjects in their natural environment without any manipulation by the researcher.