Which of the Following Statements Is True

question 34

Multiple Choice

Which of the following statements is true?

• A)Recently, the government purchases share of GDP has been close to 50 percent.
• B)The net export share of GDP can be positive or negative.
• C)Since World War II, the consumption and investment shares of GDP have moved erratically.
• D)Recently, the investment share of GDP has been close to 50 percent.
• E)All four spending shares must be positive and must add up to one.

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Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, commonly used to measure the accuracy of sample-based estimates of a population parameter.

Dependent Variable

The variable in an experiment or study that is expected to change as a result of changes in the independent variable.

Predicted Values

The values estimated using a statistical model or algorithm, representing the expected outcome.

Coefficient of Determination

A statistical measure, often denoted as R-squared, that represents the proportion of the variance in the dependent variable that is predictable from the independent variable(s).