Other Things Equal, Which of the Following Would Increase the Rate

question 213

Multiple Choice

Other things equal, which of the following would increase the rate of economic growth, as measured by changes in real GDP?

• A) a decline in the average length of the workweek
• B) a decrease in the labor force participation rate
• C) an increase in the size of the working-age population
• D) a decline in the amount of capital per worker

Understand the concept of hypothesis testing for the difference between two means.

Apply the t-test for independent samples to real-world data.

Interpret t-test results and make conclusions about population means.

Understand the assumptions underlying the t-test for two independent samples.

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