Calculate the Mode of the Following Raw Responses: 2, 3

question 50

Multiple Choice

Calculate the mode of the following raw responses: 2, 3, 3, 4, 5, 5, 6, 6, 6, 7, and 8.

• A) 4
• B) 5
• C) 6
• D) 7
• E) 8

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Definitions:

Balanced Budget

A financial statement demonstrating that revenues and expenditures are equal, leading to no deficit for the period.

Fiscal Policy

Government strategies for adjusting its spending levels and tax rates to influence a nation's economy.

Budget Deficits

A financial situation where a government's expenditures surpass its revenues within a specific period.

Government Expenditures

The total amount of money spent by the government in a particular period, including spending on goods, services, and public projects.