If IBM Manufactures a Computer in the United States and Sells

question 105

Multiple Choice

If IBM manufactures a computer in the United States and sells it to a French business firm in Paris, it will cause an increase in

• A)net exports.
• B)imports.
• C)both investment and net exports.
• D)government expenditures.
• E)consumption.

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Definitions:

Alternative Hypothesis

A statement that contradicts the null hypothesis, suggesting that there is a significant difference or effect in a population parameter.

Mean Age

The average age of individuals in a sample or population, calculated by summing all ages and dividing by the number of individuals.

Type II Error

The error made when failing to reject a false null hypothesis, also known as a false negative.

Acquitted

The legal judgment that a person is not guilty of the crime with which they were charged.