________ Will Lead to an Increase in the GDP of a Country,all

question 154

Multiple Choice

________ will lead to an increase in the GDP of a country,all other variables remaining constant.

• A) An increase in imports
• B) An increase in exports
• C) A fall in the expenditure on investment goods
• D) A fall in the expenditure incurred by the government

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Definitions:

Random Sample

A sample in which each member of a population has an equal chance of being selected, ensuring the representativeness of the sample.

Statistics Canada

The national statistical office of Canada, which provides essential information on Canada's economy, society, and environment.

Alpha

A parameter in statistical hypothesis testing representing the probability of rejecting the null hypothesis when it is actually true (Type I error).

Power of the Test

The probability that a statistical test will reject a false null hypothesis, indicating the test's ability to detect an effect if there is one.