Experiences of Russia and China Prove That,greater the Governmental Intervention

question 62

True/False

Experiences of Russia and China prove that,greater the governmental intervention in the market,more equal will be the income distribution in the economy.

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Definitions:

Distribution

A statistical term that describes all the possible values and occurrences that a data set or variable can take within a range.

Accidents

Unplanned events that result in injury, loss, or damage, occurring as a result of unpredictable factors or circumstances.

Standard Deviation

A measure of the dispersion or spread in a set of values, indicating how much variation there is from the average (mean).

Mound-Shaped

Refers to a graphical representation of data characterized by a symmetric, bell-shaped curve typical of a normal distribution.