Which one of the following statements is false?
A) If the economist wants to examine the distribution of income in 1987, time-series data should be used.
B) If the economist wants to examine the relationship between advertising expenditures and sales during 1987, cross-section data is used.
C) If the economist wants to examine the effect of intellectual ability upon earnings, cross-section data could be used.
D) If the economist wants to forecast gross national product based upon observations from previous years, time-series data should be used.

Question

Quizplus · Accepted Answer

The Answer of Which one of the following statements is false?
A) If the economist wants to examine the distribution of income in 1987, time-series data should be used.
B) If the economist wants to examine the relationship between advertising expenditures and sales during 1987, cross-section data is used.
C) If the economist wants to examine the effect of intellectual ability upon earnings, cross-section data could be used.
D) If the economist wants to forecast gross national product based upon observations from previous years, time-series data should be used.

Which One of the Following Statements Is False