To economists,survey data is not always reliable because:

Question

Quizplus · Accepted Answer

Survey data is not always reliable because there is no cost involved in providing incorrect or poorly thought out responses to survey questions. This is known as response bias and it can have a significant impact on the accuracy of the data collected. People may also be hesitant to be completely honest in their responses or may not fully understand the questions being asked, leading to further inaccuracies. However, this does not mean that all survey data is unreliable as proper sampling techniques and well-designed surveys can still provide valuable insights.

To Economists,survey Data Is Not Always Reliable Because