Examlex
A recent survey showed that in a sample of 100 elementary school teachers, 15 were single. In a sample of 180high school teachers, 36 were single. Is the proportion of high school teachers who were single greater than theproportion of elementary teachers who were single? Use α = 0.01.
National Debt
The total amount of money that a country's government has borrowed, by various means.
Budget Deficits
Occurs when a government spends more money than it receives in revenue over a specified period.
Billion
A numerical value represented by 1,000,000,000 or 10^9 in the international system.
Automatic Stabilizer
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional intervention by the government or policymakers.
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