A Company Was Interested in Learning If Training Expenditures Will

question 51

Multiple Choice

A company was interested in learning if training expenditures will enhance its salesforce productivity, so they hired a researcher to conduct an experiment in which one group of salespeople received training and the other didn't. The average sales for salespeople who received training was significantly higher than for those who did not. This difference in means between the two groups is known as a(n) _____ effect.

• A) placebo
• B) main
• C) covariate
• D) interactive

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Definitions:

Net Taxes

Refers to the total amount of taxes collected by the government minus any transfers and subsidies provided by the government to individuals or companies.

Government Purchases

Expenditures by government bodies on goods and services to fulfill their operational needs and to provide public services.

Aggregate Demand Curve

A graph that shows the relationship between the total demand for all goods and services in an economy and the overall price level, typically having a downward slope.

Aggregate Demand

The total demand for all goods and services within a particular economy at a given overall price level and in a given time period.