An economic system is the set of structures and processes that ________ in a country
A) guides the allocation of resources and shapes the conduct of business activities
B) directs the movement of specific products to specific consumers
C) sets the standards of competitive success for companies in the economy
D) stipulates the roles and responsibilities of consumers
A
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Indicate whether the statement is true or false
The "law of large sample size" refers to:
A) confusing the size of the sample with the representativeness of the sample B) the industry standard referring to the need for a sample size of 500 respondents C) the industry standard that the accuracy benefits of excessively large samples are typically greatly justified by their increased costs D) calculating the restrictive power of the sample to 95% or more E) all of the above