The Large Budget Deficits of the U

question 43

Multiple Choice

The large budget deficits of the U.S. government in the 2000s have not increased domestic interest rates because:

• A)Americans increased their rate of saving.
• B)businesses cut back on investment spending by an equal amount.
• C)the value of the U.S. dollar rose.
• D)foreigners were willing to buy the increased U.S. debt.

---

Definitions:

Expected Frequencies

Expected frequencies refer to the anticipated count of occurrences in each category of a distribution, based on a probability model or theory, used in chi-square testing.

Chi-square Statistic

The chi-square statistic measures how expectations compare to actual observed data, used primarily for categorical data.

Expected Frequencies

In statistics, the anticipated count of occurrences across different categories based on a theoretical distribution.

Null Hypothesis

In hypothesis testing, it's the assumption that there is no significant difference or effect.