Which of the Following Is Correct

question 279

Multiple Choice

Which of the following is correct?

• A) Aggregate income is greater than aggregate expenditure but equal to GDP.
• B) Aggregate income, aggregate expenditure and GDP are all equal.
• C) Aggregate income is greater than GDP but equal to aggregate expenditure.
• D) Aggregate expenditure equals GDP but is less than aggregate income.

---

Definitions:

Distribution

Describes how the values of a variable are spread or distributed across different categories or intervals.

P > .05

Indicates that the probability of obtaining the observed data under the null hypothesis exceeds 5%, typically leading to failing to reject the null hypothesis.

Null Hypothesis

A hypothesis suggesting no significant difference or effect, serving as the default assumption to be tested against the alternative hypothesis.

Region

A specified area or division within a larger context, whether geographical, spatial, or conceptual, identified by certain characteristics or boundaries.