Examlex
A computer randomly selects a number from 1 through 50 . Two selections are made by the computer to create an ordered pair of numbers. 2500 elements are in the sample space for this experiment
-For the experiment above , what is the probability that the computer will not select the same number in both selections?
Aggregate Demand Curve
A curve representing the relationship between the economy’s price level and real GDP demanded per period, with other things constant.
Leading Economic Indicator
A statistic about economic activities that helps analysts and policymakers predict future economic trends and business cycles.
Economic Activity
The actions that involve the production, distribution, and consumption of goods and services within an economy.
Aggregate Demand Curve
A graph that shows the relationship between the total quantity of goods and services demanded (from all sectors including household, business, and government) and the price level, all else being equal.
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