For a Given Level of Private Saving, an Increase in the Growth

question 7

Multiple Choice

For a given level of private saving, an increase in the growth of government purchases will likely the economy's long- run growth rate.

• A)slow down
• B)increase
• C)not affect
• D)accelerate
• E)-- not enough information to know

---

Definitions:

Null Hypothesis

The default assumption that there is no significant difference or relationship between variables being studied.

Directional Hypothesis

A directional hypothesis predicts the specific direction of the relationship between variables, such as one variable increasing as the other decreases.

Greek Letters

Symbols used in statistics and other scientific fields to represent variables, parameters, and coefficients.

Directional Research Hypothesis

A hypothesis that predicts the specific direction of the relationship between variables.