An Example of "Automatic Stabilizers" Is a Rise in ________

question 36

Multiple Choice

An example of "automatic stabilizers" is a rise in ________ causing the budget deficit to ________.

• A)real GDP,fall
• B)real GDP,rise
• C)government expenditures,fall
• D)government expenditures,rise
• E)the average tax rate,fall

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Definitions:

Population Standard Deviation

A measure of the dispersion or spread of a set of data values in a population, indicating how much individuals within this population vary from the population mean.

Interval Estimate

An estimate of a population parameter that provides a range of values believed to contain the parameter with a certain degree of confidence.

Sample Standard Deviation

A measure of the dispersion or variability of a set of data points in a sample.

Point Estimate

A single value estimation derived from a sample that serves as the best guess of a population parameter.