A Commonly-Held Belief About the Positive Consequence of Unemployment Is

question 148

Multiple Choice

A commonly-held belief about the positive consequence of unemployment is that ________.

• A) it reduces inflationary pressures
• B) depressions are less likely
• C) social service workers benefit
• D) it motivates the workforce to be grateful for employment

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Definitions:

Type II Error

A statistical error that occurs when a false null hypothesis is not rejected, also known as a "false negative" finding.

Two-Tailed Hypothesis

A form of statistical hypothesis testing where the alternative hypothesis specifies that the parameter of interest differs from the null hypothesis.

Population Mean

The average value of all the members of a set or population, denoting the central tendency.

Null Hypothesis

An assumption made for a statistical test that there is no significant difference or effect, to be tested against the alternative hypothesis.