Examlex
Assume that respondents aged 70 or older are only one-third as likely to be in an Internet sample as their actual incidence in the population. Using the propensity scoring method, their responses would be:
Accounting Identity
A fundamental equation that must always hold true, often without regard to time or specific instances, in accounting and economics.
Government Purchases
Expenditures by the government sector for goods and services that are consumed within the current period.
Closed Economy
An economic system that does not interact with other economies in terms of international trade or financial transactions.
Public Saving
The difference between tax revenues and government expenditures, typically representing the amount of surplus funds the government has.
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