Every 10 Years, a Census Is Taken in the U

question 48

Essay

Every 10 years, a census is taken in the U.S. by the Census Bureau. Despite the intent of gathering data on the population of the United States, issues exist that make true population data impossible to gather. Identify at least two issues in collecting these data.

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Definitions:

Business Cycle

The natural rise and fall of economic activity over time, characterized by periods of expansion, peak, contraction, and trough.

Cost-Push Inflation

Inflation caused by an increase in prices of inputs like labor and raw materials, leading to higher costs for products and services.

Demand-Pull Inflation

Inflation that occurs when demand for goods and services exceeds existing supplies, leading to higher prices.

Unemployment Benefits

Payments made by the government to unemployed individuals who meet certain eligibility requirements.