Changes in _____ Do NOT Cause the Aggregate Expenditures Curve

question 68

Multiple Choice

Changes in _____ do NOT cause the aggregate expenditures curve to shift.

• A) taxes
• B) real GDP
• C) real interest rates
• D) wealth

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Definitions:

Standard Deviation

A measure that is used to quantify the amount of variation or dispersion of a set of data values.

Covariance

A measure indicating the extent to which two random variables change together.

Coefficient R

A measure used in statistics to represent the strength and direction of a linear relationship between two variables on a scatter plot.

Variance

A measure of the dispersion of a set of values, indicating how much the values differ from the mean.