Which of the Following Occurred in Canada During the Latter

question 15

Multiple Choice

Which of the following occurred in Canada during the latter part of the 1990s?

• A)Increases in government spending and larger budget deficits as a share of the economy.
• B)Reductions in government spending that led to the loss of political control by the Liberal Party.
• C)A tax increase that balanced the budget without reductions in government spending as a share of the economy.
• D)Reductions in government spending as a share of the economy and shift of the government budget to a surplus.

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Definitions:

Median

The middle value in a sorted list of numbers, dividing the dataset into two halves.

Influenced By Outliers

This describes the impact that anomalous data points, which differ significantly from other observations, have on statistical analyses, potentially skewing the results.

Mean

The mean is a measure of central tendency that is calculated by adding up all values in a dataset and dividing by the number of values.

Variance

The statistical measurement of the spread between numbers in a data set, indicating how much the elements differ from the mean.