Use of Archival Sources Such as Memorandums,meeting Minutes and Newspaper

question 10

Multiple Choice

Use of archival sources such as memorandums,meeting minutes and newspaper stories is most characteristic of

• A)case studies
• B)individual qualitative interviews
• C)focus group studies
• D)field experiments

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Definitions:

Microeconomics

Study of small economic units, such as individual consumers, families, and businesses.

Overhead Costs

These are ongoing expenses not directly attributed to creating a product or service but necessary for running a business, such as rent, utilities, and salaries.

Social Costs

Refers to the negative externalities that arise from economic activities, impacting society or the environment, not accounted for by the market.

Macroeconomics

Study of a nation’s overall economic issues, such as how an economy maintains and allocates resources and how a government’s policies affect the standards of living of its citizens.