In a debate on the state of the economy Senator A pointed out that the price of clothing, fruits, and computers had decreased slightly over the last year, while Senator B stated that the inflation rate had increased over the last year. In this example, aggregate data is being used by:

Question

Quizplus · Accepted Answer

Aggregation allows economists to see the big picture at the cost of obscuring the details. Only senator B uses aggregate data - the inflation rate.

In a Debate on the State of the Economy Senator