Quantitative Data That Measure "How Many" Are ________; Quantitative Data

question 46

Multiple Choice

Quantitative data that measure "how many" are ________; quantitative data that measure "how much" are ________.

• A) interval; ratio
• B) ratio; interval
• C) continuous; discrete
• D) discrete; continuous

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Definitions:

Durable Expenditures

Expenses on goods that have a useful life of more than three years, such as appliances, machinery, and equipment.

Money Supply

The total amount of monetary assets available in an economy at a specific time.

Interest Rates

The cost of borrowing money or the return on investment for savings and loans, usually expressed as a percentage.

Consumption And Investment

The activities of spending on goods and services for current use and investing in assets for future returns.