A Factor That Might Have Contributed to the Weakening of the U.S

question 50

Multiple Choice

A factor that might have contributed to the weakening of the U.S. economy in 2007-2009 was

• A)increases by the Federal Reserve in its target short-term interest rate.
• B)rapid growth of the money stock.
• C)the unexpected return to the gold standard.
• D)rising levels of federal government spending.

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Definitions:

Nonparametric Techniques

Statistical methods that do not assume a specific distribution for the data and are often used for data that does not meet the assumptions necessary for parametric tests.

Population Distribution

The spread of characteristics (e.g., values or categories) within a population.

Statistical Methods

Techniques and procedures used for collecting, analyzing, interpreting, and presenting data.

Wilcoxon Rank Sum Test

A nonparametric statistical test used to compare two independent samples to determine if they come from the same distribution.