"Capping Entitlements" Is Widely Recognized by Economists as the Only

question 49

Multiple Choice

"Capping entitlements" is widely recognized by economists as the only way to rein in future federal spending, but

• A) there is little agreement on what those caps should be.
• B) few in Washington want to take on senior citizen lobbyists.
• C) many members of Congress receive campaign money from AARP.
• D) All of the above are true.

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Definitions:

Acceptable Assumptions

The premises that are considered reasonable and are accepted without requiring empirical evidence, often used as a foundational basis in arguments or theories.

Random Sampling

A method of selecting a sample from a population in such a way that each individual has an equal probability of being chosen, ensuring the representativeness of the sample.

Equal Chance

The principle that in a certain process, event, or situation, all outcomes or participants have the same probability or likelihood of occurring or being selected.

Correlation

A statistical measure that expresses the extent to which two variables change together; if the correlation is positive, as one variable increases, the other does as well.