As a Result of Several Factors,aggregate Demand Decreased During the Great

question 131

Multiple Choice

As a result of several factors,aggregate demand decreased during the Great Depression.One factor was a(n)

• A) increase in consumer sentiment.
• B) increase in international trade.
• C) decrease in business tax rates.
• D) decrease in expected income.
• E) increase in the money supply.

---

Definitions:

Interval

A range or distance between two points or values, often referring to time or space.

Level Of Measurement

The classification of a variable depending on how its values can be measured or categorized, such as nominal, ordinal, interval, or ratio.

Nominal

Pertaining to data classified into mutually exclusive categories without any order or rank.

Ordinal

Refers to a type of categorical variable with a set order or scale, but without a fixed interval between its values.