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Lemur [1.5K]
3 years ago
5

The general accounting office conducted random testing of retail gasoline pumps in michigan, missouri, oregon, and tennessee. th

e study concluded that 49 percent of gasoline pumps nationwide are mislabeled by more than one-half of an octane point. what kind of sampling technique was most likely to have been used in this study?
Business
1 answer:
NeTakaya3 years ago
8 0
<span>The appropriate response is the Cluster sampling. Cluster sampling alludes to a sort of inspecting technique. With bunch examining, the specialist partitions the populace into discrete gatherings, called groups. At that point, a straightforward arbitrary example of groups is chosen from the populace.</span>
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In the Economic Organization of a P.O.W. Camp, what kind of currency best describes the paper currency the prisoners made? Fiat,
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In the Prisoner of War camp in question, the prisoners had come up with a trade system where they used paper money that was backed by cigarettes. This made that paper money a commodity because it was backed by a valuable good in the camp which was cigarettes.

Commodity money such as this one used to be widely used by nations as their currency would be backed by valuable metals such as gold and silver.

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Read 2 more answers
Suppose that during the Great Depression long-run aggregate supply shifted left. To be consistent with what happened to the pric
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The aggregate demand will fall

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The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).

The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.

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