A Disadvantage of a Statistical Report Is That It May

question 4

Multiple Choice

A disadvantage of a statistical report is that it may leave out ________ measurements of performance.

• A)subjective
• B)objective
• C)positive
• D)negative

---

Definitions:

Loan Period

is the duration over which a borrower is obligated to repay a loan, from the initiation of the loan to the final payment.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, usually on an annual basis.

Rationing Function

The process through which prices distribute scarce goods and services among individuals who demand them, effectively limiting the quantity that consumers can purchase.

Incentive Function

The aspect of economic policy or mechanism designed to motivate individuals or entities to act in a certain way by offering rewards.