A Variable's ________ Is the Part of the Program That

question 44

Multiple Choice

A variable's ________ is the part of the program that has access to the variable.

• A)data type
• B)value
• C)scope
• D)reach
• E)None of the above

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Definitions:

Aggregate Demand And Supply Model

An economic model that explains price levels and the production of goods and services through the relationship between aggregate demand and supply.

Short-Run Phillips Curve

Describes the inverse relationship between the rate of inflation and the unemployment rate over a short period.

Rational Expectations

The theory that people optimally use all the information they have, including information about government policies, when forecasting the future.

Sacrifice Ratio

A measure of the economic cost associated with reducing inflation, often calculated as the percentage loss in output per percentage point decrease in inflation.