With Proportional Sample Sizes

question 64

Multiple Choice

With proportional sample sizes:

• A) The proportion of a stratum in the sample is independent of the proportion of that stratum in the population
• B) The proportion of a stratum in the sample is the same as the proportion of that stratum in the population
• C) The proportion of a stratum in the sample is greater than the proportion of that stratum in the population
• D) The proportion of a stratum in the sample is less than the proportion of that stratum in the population

---

Definitions:

MPC

Marginal Propensity to Consume refers to the proportion of an increase in income that gets spent on consumption of goods and services, as opposed to being saved.

Aggregate Demand

The total quantity of goods and services demanded across all sectors of an economy under certain economic conditions and price levels.

Aggregate-Demand Curve

A graphical representation showing the total quantity of goods and services demanded across all levels of prices in the economy.

Wealth Effect

The Wealth Effect is an economic theory suggesting that consumers tend to spend more when their wealth increases, due to rising home values or stock market investments, influencing overall economic activity.