Examlex
The histogram below shows data from 30 students who were asked,"How much time do you spend on the Internet in minutes?" How could you improve the histogram to better display the distribution?
Increase Taxes
Refers to a government's decision to raise the percentage of compulsory contributions on personal or corporate income, goods, services, or transactions, often aimed at financing government expenses.
Lower Interest Rates
A monetary policy strategy where central banks reduce the cost of borrowing money in an effort to stimulate economic growth.
Crowding Out
A situation in which increased government spending leads to a reduction in private sector spending and investment.
Contractionary Gap
A situation where an economy's real GDP is lower than its potential GDP, indicating underutilization of resources.
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