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List the Factors That Cause the AD Curve to Shift

question 26

Essay

List the factors that cause the AD curve to shift.Explain the impact of changes in each factor on the AD curve.


Definitions:

Test Results

The outcomes obtained from administering tests, which can be used to evaluate performance, knowledge, skills, or conditions.

Correlation Coefficient

A numerical index that reflects the degree of linear relationship between two variables, ranging from -1 to +1.

Variable

An element, feature, or factor that is likely to vary or change; in research, it is something that is measured or manipulated to assess its effects on an outcome.

Statistic

A numerical value that describes or summarizes some aspect of a set of data.

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