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A random group of seniors was selected from a university and asked about their plans for the following year. The school advising office claims that of the students plan to work, of the students plan to continue in school, and of the students plan to take some time off. Is there evidence to reject this
Quota
A governmental restriction on the quantity of a specific good that can be imported or exported within a given time frame, used to regulate trade.
Excise Tax
A tax on the production, sale, or consumption of a particular good or service, often levied by the government.
SUVs
Sport Utility Vehicles characterized by their capacity to accommodate more passengers, their off-road capabilities, and higher driving position.
FICA Tax
A United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retirees, the disabled, and children of deceased workers.
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