Examlex
If the Fed followed a rule for monetary policy, the time inconsistency problem would be eliminated.
Web Scraping
The automated extraction of data from websites, using software to access and collect information for various purposes.
Nonresponse Bias
A bias that occurs in survey results when the individuals who do not respond differ significantly from those who do, potentially skewing the data.
30-minute Phone Survey
A research method involving a telephone interview, typically lasting half an hour, used to gather data or opinions from participants.
Skewed Results
Data or outcomes that are disproportionately affected by variables or factors, leading to a distortion from the expected or true distribution.
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