Real Estate Agencies Also Keep Track of Housing Prices in a Given

question 12

Multiple Choice

Real estate agencies also keep track of housing prices in a given area. Suppose they also provide their clients with quarterly median selling prices for homes in a given area for the past three year period. These data are

• A) cross-sectional.
• B) time series.
• C) categorical.
• D) nominal.
• E) ordinal.

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Definitions:

Paid-in Capital

Funds received by a company in exchange for its stock, representing the equity capital contributed by shareholders.

Dividends Payable

A liability account on a company's balance sheet representing the amount of declared dividends that are to be paid out to shareholders.

Date of Declaration

The date on which a company's board of directors announces a dividend payment to shareholders.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall market capitalization remains unchanged.