________ Is a Method to Adjust for Nonresponse by Assigning

question 53

Multiple Choice

________ is a method to adjust for nonresponse by assigning the characteristic of interest to the nonrespondents based on the similarity of the variables available for both nonrespondents and respondents.

• A) Trend analysis
• B) Weighting
• C) Subjective estimates
• D) Imputation

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Definitions:

Saving

The portion of income not spent on current consumption but set aside for future use, often put into investments or deposit accounts.

Investment

Allocation of resources, usually money, to generate income or profit, including purchases of bonds, stocks, or property.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, deflation, and a significant fall in economic activity.

Aggregate Demand

The sum of economic demand for every product and service, evaluated at a unified price point throughout a defined temporal stretch.