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The Least Time-Consuming Method of Collecting Data for Use in a Systems

question 13

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The least time-consuming method of collecting data for use in a systems survey is


Definitions:

Consumption

The purchase and use of goods and services by households. It is a primary component of GDP and an indicator of economic health.

Good

A Good is a tangible product that satisfies human wants or needs.

Kosher Foods

Foods that comply with a strict set of dietary rules in Judaism.

Elastic

A term describing a situation where the demand or supply of a good or service changes significantly when its price changes.

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