Given the following scatterplot, if the point in the upper left corner were removed, what would happen to the value of the correlation coefficient, r? 
Definitions:
Taxes
Mandatory monetary fees or different forms of charges levied on taxpayers by government entities with the purpose of financing government operations and a range of public spending.
Fiscal Policy
Government adjustments to its spending levels and tax rates to monitor and influence a nation’s economy.
Government Spending
The total amount of money spent by the government, including expenditures on public services, defense, infrastructure, and social welfare programs.
Transfer Payments
Payments made by governments to individuals without the expectation of any goods or services in return, aimed at providing economic support.
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