Which of the Following Is a Positive Economic Statement

question 8

Multiple Choice

Which of the following is a positive economic statement?

• A) reducing unemployment should be the highest priority of the federal government.
• B) a reduction in the payroll tax will reduce the unemployment rate.
• C) corporations should be prohibited from laying off workers during a recession.
• D) the current unemployment rate is too high.

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Definitions:

4 × 3 Factorial Design

A statistical test used in experiments involving two independent variables, one with four levels and the other with three levels, to determine their effect on a dependent variable.

Levels

The different values or categories that an experimental condition or variable can take on in a study.

Groups Examined

Refers to the specific collections of individuals, objects, or data points that are being studied or analyzed in research.

First Grouping Factor

The primary variable used to categorize or group data points in an analysis or experiment.