Suppose Aggregate Demand Shifts to the Left and Policymakers Want

question 3

Multiple Choice

Suppose aggregate demand shifts to the left and policymakers want to stabilize output.What can they do?

• A)repeal an investment tax credit or increase the money supply
• B)repeal an investment tax credit or decrease the money supply
• C)institute an investment tax credit or increase the money supply
• D)institute an investment tax credit or decrease the money supply

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Definitions:

Frequency Polygons

A graphical display of statistical data to show the distribution of values using lines that connect points representing the frequencies of categories.

Variability

Describes how spread out or scattered the data points are in a dataset.

Distribution Aspects

Features and characteristics of how data points or values are spread across a range for a particular variable.

Frequency

Number of participants in a sample corresponding to a value of a variable.