The leading example of sampling schemes in econometrics that do not result in independent observations is
A) cross-sectional data.
B) experimental data.
C) the Current Population Survey.
D) when the data are sampled over time for the same entity.
Answer: D
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In one year in the country of Countem, workers earned $4150, proprietor's income was $392, rental income was $20, corporate profits were $683,
net interest was $228, taxes on production and imports were $329, business current transfer payments were $12, the current surplus of government enterprises was $3, statistical discrepancy was $28, consumption of fixed capital was $882, factor income received from the rest of the world was $331, and payments of factor income to the rest of the world was $623. Based on these data, compute national income, net national product, gross national product, and gross domestic product.
A decrease in the price level
a. decreases investment spending, thereby shifting the AD curve. b. increases investment spending, thereby shifting the AD curve. c. does not shift the AD curve. d. increases autonomous consumption spending, thereby shifting the AD curve. e. changes the slope of the AD curve.