Induced Expenditure Includes

question 53

Multiple Choice

Induced expenditure includes .

• A) all autonomous expenditure
• B) induced consumption expenditure and imports
• C) induced consumption expenditure and exports
• D) induced consumption and government expenditure

---

Definitions:

Normal Distribution

A balanced probability distribution around the mean, demonstrating that occurrences are more frequent near the mean than away from it.

Margin of Error

An indicator of the precision of an estimate in statistics, showing the range within which the true value is expected to lie with a certain level of confidence.

Confidence Interval

A range of values that is used to estimate the true value of a population parameter with a certain level of confidence.

Standard Deviation

An index used to assess the extent of variation or scatter among data points.