Which of the Following Probability Distributions Is Accurate

question 21

Multiple Choice

Which of the following probability distributions is accurate?

• A) 45/80, 20/80, 20/80, 10/80
• B) 10/80, 23/80, 37/80, 10/80
• C) ±20/80, 40/80, 40/80, 20/80
• D) none of these

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Definitions:

Unemployment

The situation in which individuals who are capable of working and are actively seeking work but are unable to find a job.

Expected

Something considered likely or anticipated to happen or become a reality in the future.

Potential GDP

The highest level of real GDP that can be sustained over the long term without increasing inflation, assuming full employment of resources.

Expansionary Policy

A macroeconomic policy that aims to stimulate the economy by increasing government spending, decreasing taxes, or lowering interest rates to boost economic activity.