Which of the Following Is LEAST LIKELY to Be a Government

question 42

Multiple Choice

Which of the following is LEAST LIKELY to be a government role in a market-directed economy?

• A) To set rules to protect individual rights and freedom.
• B) To supervise the economy.
• C) To provide things such as mass transportation and highways, national defense, police and fire protection, and public health services.
• D) To control interest rates and the supply of money.
• E) To determine prices-and thereby allocate resources and distribute income.

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Definitions:

Degrees Of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or a system without violating any constraints.

Multiple Regression

A statistical method that predicts the behavior of a dependent variable based on two or more independent variables.

Estimated Regression

A statistical method for estimating the relationships among variables, often used to predict the value of a dependent variable based on values of independent variables.

SSR

Sum of Squares due to Regression, a statistical measure used to evaluate the variance in the dependent variable that is predictable from the independent variable(s).