Which of the Following Would Likely Lead to the Most

question 2

Multiple Choice

Which of the following would likely lead to the most inflation?  

• A) if aggregate demand increases and aggregate supply increases 
• B) if aggregate demand decreases and aggregate supply decreases 
• C) if aggregate demand increases and aggregate supply decreases 
• D) if aggregate demand decreases and aggregate supply increases

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Definitions:

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.

Mean

A measure of central tendency that is calculated by dividing the summation of all values in a data set by the number of values.

Laws Of Variance

Principles that describe how variance behaves in different statistical distributions and under various transformations.

Probability Distribution

A function in mathematics that determines the chances of different outcomes for a given experiment.