A Concept That Is Not Directly Observable or Measurable but Can

question 20

Multiple Choice

A concept that is not directly observable or measurable but can be estimated through proxy measures is called a(n) _____.

• A) indirect construct
• B) secondary construct
• C) higher order construct
• D) latent construct

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Definitions:

Ford Fiesta

A compact car model produced by the Ford Motor Company, known for its fuel efficiency and compact design.

Different Versions

Variations of a product, service, or document that are made to satisfy specific needs or preferences of different users or customers.

Trade Deficit

A situation that occurs when a country imports more goods and services than it exports, resulting in a negative balance of trade.

Trade Surplus

A situation where a country's exports exceed its imports during a specific time period, indicating a positive balance of trade.