Which of the Following Would Reduce the Level of the Net

question 3

Multiple Choice

Which of the following would reduce the level of the net debt of the federal government?

• A) Cut expenditure and raise revenue to reduce the deficit from $400 billion to $100 billion.
• B) Balance the federal budget.
• C) Run an annual surplus.
• D) All of the above.

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Definitions:

Kruskal-Wallis Test

An approach that is not based on parameter-specific criteria to determine if samples are from the same distribution.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true; commonly denoted by alpha.

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Messages designed to promote or sell a product, service, or idea to consumers or audiences.

Wilcoxon Signed Rank Test

A non-parametric statistical test used to compare two related samples, to assess whether their population mean ranks differ.