A Correlation Coefficient Will Always Range Between

question 23

Multiple Choice

A correlation coefficient will always range between

• A)0 and +1.
• B)-10 and +10.
• C)0% and 100%.
• D)-1.0 and +1.0.

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Definitions:

Financial Intermediaries

Institutions that act as a middleman between savers and borrowers, including banks, investment funds, and insurance companies.

Budget Deficit

The situation where a government's expenditures exceed its revenues over a specific period of time, leading to a need for borrowing or spending cuts.

Budget Surplus

The situation in which a government's revenues exceed its expenditures during a given period, indicating financial health.

Public Saving

The portion of national saving that is accumulated by the government sector, often reflected as the difference between government revenues and expenditures.