Answer the following statement(s) true (T) or false (F)
1. Sometimes a relationship will be hidden if you mistakenly exclude an important control variable.
2. No more than one independent variable can be the causal effect of a dependent variable at any given point in time.
3. The title for a three-way contingency table should contain the dependent variable, independent variable, and control variable.
4. When analyzing a three-way contingency table, a spurious relationship is indicated by a constant relationship between the dependent and independent variable.
5. A reverse relationship can exist when the independent variable is actually the effect of the dependent variable.
1. true
2. false
3. true
4. false
5. true
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Which of the following is a major reason for government regulation of the economy?
a. to increase the overall level of taxes paid by producers in the economy b. to increase the general level of educational attainment c. to eliminate the costs of doing business for corporations d. to promote economic development
The federal government uses fiscal policy when it decreases __________ in an attempt to spur spending and stimulate the economy
Fill in the blank with the correct words.