An Increase in the Public Debt and Its Subsequent Repayment

question 213

Multiple Choice

An increase in the public debt and its subsequent repayment will tend to

• A) mildly reduce the income inequality in the United States.
• B) mildly increase the income inequality in the United States.
• C) have no impact on the income distribution in the United States.
• D) make the income distribution more equitable in the United States.

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Definitions:

Frequency

The rate at which a repeated event happens in a given unit of time or space.

Null Hypothesis

a statistical hypothesis that assumes no effect or no difference between phenomena or populations.

Level of Significance

A threshold in statistical analysis that measures the probability of rejecting a true null hypothesis; commonly set at values like 0.05 or 0.01.

Headaches

A common physical ailment characterized by pain in any region of the head, varying greatly in intensity, pattern, and cause.