An Unexpected Increase in Export Growth Is A

question 105

Multiple Choice

An unexpected increase in export growth is a:

• A) shock that is always matched by an equal decrease in import growth.
• B) positive AD shock.
• C) negative AD shock.
• D) factor that has no impact on AD in the short run.

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Definitions:

Standardize

The process of making values comparable by subtracting the mean and dividing by the standard deviation.

Variable

An element, feature, or factor that is liable to vary or change; it is a characteristic of interest in statistical analysis.

Normal Random Variable

A normal random variable is a variable whose values are distributed according to the normal distribution, characterized by its mean and standard deviation.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, indicating how spread out the numbers are.