When Using the CORREL Function a Value of 1 Would

question 43

Multiple Choice

When using the CORREL function a value of 1 would indicate:

• A)a weak relationship.
• B)a mild relationship.
• C)a strong relationship.
• D)no relationship.

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Definitions:

Government Expenditures

Financial spending by the government on goods, services, and public projects, including healthcare, education, and infrastructure.

Built-In Stability

refers to automatic fiscal policies and regulations that stabilize economic fluctuations without additional government intervention.

Real GDP

The measure of a country's economic output adjusted for price changes and inflation.

Tax Revenues

The income that is gained by governments through taxation, a primary source of public finance.