-Refer to Exhibit 14-1

question 77

Multiple Choice

-Refer to Exhibit 14-1.A continued increase in the money supply by the Fed is likely to take the economy along which of the following paths?

• A) A-E-B-H-C
• B) A-D-B-I-C
• C) A-D-F-H-C
• D) A-D-B-H-C
• E) A-E-B-I-C

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Definitions:

Distribution

Refers to how values in a data set are spread or dispersed, indicating the frequency of each value or range of values.

Pie Chart

Figure that uses a circle divided into proportions to represent the percentage of the sample corresponding to each value of a variable.

Frequency Polygon

A graphical representation of a frequency distribution with line segments connecting points directly above class midpoint values on the horizontal axis.

Histogram

Figure that uses connected bars to represent the frequency of each value of a variable.