The mean of the sampling distribution of the mean is
a. equal to 0
b. equal to 100
c. equal to the mean of the population.
d. depends on the size of the sample (n).
C
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What is the name for the total amount of all goods and services produced in the country each year?
a. the money supply b. the reserve requirement c. the public debt d. the gross domestic product
Which of the following is true with respect to Keynesian economic policy?
a. Keynesian economic policy relies on government taxes and adjustments to the money supply to control inflation and unemployment. b. Keynesian economic policy relies on tax cuts and expenditure increases by government to control inflation and unemployment. c. Keynesian economic policy uses the money supply to control inflation and unemployment. d. Keynesian economic policy relies on the generosity of private charities to address the worst effects of economic downturns.