According to a Survey of the Top 10 Employers in a Major

question 79

Multiple Choice

According to a survey of the top 10 employers in a major city in the Midwest,a worker spends an average of 413 minutes a day on the job.Suppose the standard deviation is 26.8 minutes and the time spent is approximately a normal distribution. What are the times that approximately 99.73% of all workers will fall?

• A)[305.8 520.2]
• B)[386.2 439.8]
• C)[372.8 453.2]
• D)[359.4 466.6]
• E)[332.6 493.4]

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Definitions:

Conservative Economists

Economists who generally advocate for reduced government spending, lower taxes, and minimal government intervention in the economy.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action, such as progressive tax systems and welfare.

Inflation

An overall uptick in price levels and a decline in the value of money.

Liberal Economist

An economist advocating for policies promoting free market principles, minimal government intervention, and individual liberties in economic matters.