Which of the Following Factors Contributed to the Great Depression

question 19

Multiple Choice

Which of the following factors contributed to the Great Depression?

• A) The maldistribution of income
• B) A high rate of inflation
• C) The elimination of protective tariffs
• D) A large and growing federal deficit

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Definitions:

Variance

A statistical measurement of the dispersion of data points in a data set around the mean, indicating the extent to which the numbers differ from each other.

Correlation Coefficient

A statistical measure that determines the degree to which two variables move in relation to each other, where +1 indicates a perfect positive correlation and -1 indicates a perfect negative correlation.

Correlation Coefficient

The correlation coefficient is a statistical measure that calculates the strength and direction of a linear relationship between two variables on a scale of -1 to 1.

Covariance

Covariance is a measure used in statistics to determine how two variables move in relation to each other, often used in portfolio theory to assess risk.