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If the Demand for Money Decreases, but the Fed Keeps

question 53

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If the demand for money decreases, but the Fed keeps the money supply the same:


Definitions:

Ordinal Scale

A ranking scale in which data can be ordered but the intervals between values are not known or are not meaningful.

Frequency Distribution

The representation, either in a graph or table form, of how often each value occurs in a set of data.

Sample

A subset of individuals from a larger population, selected to represent the population in a study.

Frequency Distribution

A frequency distribution is a summary table that shows the frequency or count of each possible value in a dataset, typically used to observe the distribution patterns.

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