A Toy Store Owner Hypothesizes,at the 95% Level of Confidence,that

question 42

Multiple Choice

A toy store owner hypothesizes,at the 95% level of confidence,that parents spend less than $100 on toys per visit to her store.A sample is taken and the hypothesis test shows a z value of -1.65.We:

• A)accept the hypothesis
• B)do not support the hypothesis
• C)accept the alternative hypothesis
• D)fail to support the hypothesis
• E)none of the above; we do not have sufficient information

---

Definitions:

Capital Flight

A phenomenon where money or assets rapidly flow out of a country, often in response to economic or political instability.

Loanable Funds

A term in economics that refers to all the money available for borrowing, encompassing both savings and credits created in the banking system.

National Saving

The total amount of savings generated within a country, which is equal to the sum of private and public savings.

Government Expenditures

The total amount of money that a government spends in a specific period, including spending on public services, welfare, and infrastructure.