According to Many Economists,if Wages Are _________________,The Economy _____________ Remove

question 96

Multiple Choice

According to many economists,if wages are _________________,the economy _____________ remove itself from a recessionary gap,and thus ____________ government intervention is needed.

• A) flexible; can; no
• B) inflexible; may not; some
• C) flexible; may not; some
• D) inflexible; can; no
• E) a and b

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Definitions:

Mean

The average of a data set, found by adding all the numbers together and dividing by the quantity of numbers.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the individual values differ from the mean of the values.

Newborn Infant

A very young baby, typically defined as being less than one month old.

Z-Score

A numerical indicator that represents how a specific value compares to the average of a set of values, expressed through the number of standard deviations away from this average.