the collection and reliability of data 0.0 / 5 ? Economicsthe collection and reliability of dataASAQA Created by: LimaCreated on: 18-09-13 13:00 scienitific method 1) theories need to be tested 2) data might be used to refute/support a theory 1 of 5 macro-economic data 1) very reliable statistically 2) don't provide good measure of relevant economic variable 3) collected from a wide variety of sources 2 of 5 nominal values values that are unadjusted for inflation and are expressed at current prices 3 of 5 real values data adjusted for inflation 4 of 5 surveys only reliable if there's accurate sampling and measuring, and not as accurate as a complete count 5 of 5
Comments
No comments have yet been made