An Unexpected Reduction in Inflation Would Tend to Benefit Which

question 363

Multiple Choice

An unexpected reduction in inflation would tend to benefit which of the following?

• A) creditors
• B) debtors
• C) creditors and debtors
• D) neither creditors nor debtors

---

Definitions:

Alpha Level

Another term for significance level, representing the threshold of probability at which the null hypothesis is rejected in hypothesis testing.

Null Hypothesis

A hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Alternative Hypothesis

A statement in statistics that indicates the presence of an effect, difference, or relationship when compared to the null hypothesis.

P-value

The probability of observing data at least as extreme as the data observed, under the assumption that the null hypothesis is true.