-Using the Data in the Above Table, If the Private

question 69

Multiple Choice

-Using the data in the above table, if the private sector runs a surplus of $250 billion, imports will equal $1,000 billion if

• A) government expenditure equals -$750 billion.
• B) investment equals -$1,000 billion.
• C) government expenditure equals -$1,000 billion.
• D) the government sector runs a deficit of $750 billion.

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Definitions:

Significance Tests

Statistical tests that show how likely it is that a study’s results occurred merely by chance.

Correlation

A measure of how strongly two variables are related to one another.

Relationship Coefficient

A statistical measure that represents the strength and direction of a relationship between two variables.

Meta-analysis

A statistical technique for combining the findings from independent studies to determine the overall trend or effect.