If the Deficit Is Increasing Because of the Effects of the Automatic

question 118

Multiple Choice

If the deficit is increasing because of the effects of the automatic stabilizers,

• A)all of the following
• B)the economy is contracting
• C)the annual deficit will approach zero
• D)the budget is cyclically balanced
• E)the economy is growing

---

Definitions:

Multiple Linear Regression

A method in statistics that establishes the connection between one dependent variable and multiple independent variables by applying a linear equation to the data collected.

Salary

Salary is the fixed regular payment, typically expressed on an annual basis, made by an employer to an employee, especially a professional or white-collar worker.

Residual

A specific measurement of the difference between an observed value and the value predicted by a model.

Variation Explained

The proportion of the total variability in a dataset that is accounted for by the statistical model used to describe it.