Statistical variance is the degree of spread among data surrounding the mean
Indicate whether the statement is true or false
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Which of the following is a disadvantage of addressing an economic downturn through fiscal policy?
a. Fiscal policy results in layoffs of government employees. b. Deficit spending has long-term consequences. c. It frequently results in tax increases. d. It tends to benefit the wealthy more than the poor and the working class.
The Federal Reserve Act was passed to prevent an economic crisis or another Great Depression
Indicate whether the statement is true or false
Which of the following was not part of the Progressive reforms?
a. At-large elections b. Civil service c. Limits on property taxes d. Non-partisan elections
Which statement explains why feudalism is considered an early example of "balance of power" thinking?
a. Feudal systems were roughly as powerful as authoritarian ones. b. Feudalism made room for influence by various sectors of society. c. Feudalism allowed for better cooperation among enemy countries. d. Power was given exclusively to parliaments that were democratically elected.