In Response to the Great Recession, the Federal Government Responded

question 58

Multiple Choice

In response to the Great Recession, the federal government responded with ________ for the Troubled Asset Relief Program and ________ for the American Recovery and Reinvestment Act.

• A) $700 billion; $787 billion
• B) $100 billion; $1 trillion
• C) $0; $1.5 trillion
• D) $700 million; $787 million
• E) $150 billion; $500 million

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Definitions:

Simple Linear Regression

A method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.

Confidence Interval Estimate

A statistical method used to express the uncertainty associated with a sample statistic by specifying an interval likely to encompass the true population parameter.

Standard Error

A statistic that measures the accuracy with which a sample distribution represents a population.

Sample Size

The number of observations or replicates included in a sample from a population for the purpose of statistical analysis.