In 2008 Under Bush,US Current-Account Deficits,as a Share of American

question 44

Multiple Choice

In 2008 under Bush,US current-account deficits,as a share of American national income,were larger than those of the 1980s at

• A) 3 % of GDP at their peak.
• B) 4 % of GDP at their peak.
• C) 5 % of GDP at their peak.
• D) 6 % of GDP at their peak.
• E) 7 % of GDP at their peak.

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Definitions:

Analysis of Variance

A collection of statistical models used to analyze the differences among group means and their associated procedures.

Uniformity Test

A statistical test used to determine if all elements of a set or population are consistent or homogeneous.

Laboratory Test

An analysis conducted under controlled conditions in a specialized environment to examine the properties or performance of materials or systems.

Tukey's Method

A statistical technique for identifying outliers by defining ranges or thresholds outside of which all data points are considered outliers.