Suppose a U

question 52

Multiple Choice

Suppose a U.S.automaker builds and operates a new factory in Italy.Future production from such an investment will

• A)increase Italian GDP more than it increases Italian GNP.
• B)increase Italian GNP more than it increases Italian GDP.
• C)have no affect on Italian GNP,but will increase Italian GDP.
• D)have no affect on either Italian GDP or GNP.

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Definitions:

Standard Error

A statistical term that measures the accuracy with which a sample distribution represents a population using standard deviation.

Null Hypothesis

A statement used in statistics that proposes there is no significant difference or effect in a given set of observations.

Directional

Pertaining to or indicating the direction in which something is oriented or moves.