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During the Great Depression,aggregate Demand in the U

question 3

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During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.


Definitions:

Scientific Method

A systematic procedure for collecting and analyzing evidence that involves observation, hypothesis formation, experimentation, and conclusion drawing.

Psychology

The scientific study of the mind and behavior, encompassing various aspects of human experience, cognition, and emotion.

Empirical Claims

Claims that can be true or false depending on the facts.

Prove

To demonstrate the truth or existence of something through evidence or argument.

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